Copyright.  1907 
by 

The  Monaton  Press 


rice, 


$1.00 


The 
Greatness  of 
New  York 


Compiled  by  JV m .  %^amsey 


1907 


Compliments  of 

The  McCormack  Real  Estate  Co= 
Times  Building,  New  York 


Published  by  the  Monaton  Press 


New  York  City  Hall.    Over  100  years  old.    A  beautiful  architectural  landmark 

THE  GREATNESS  OF 
NEW  YORK 

HE  magnitude  oi  New  York  City  from  every 
point  of  view  is  so  great  as  to  challenge 
belief.  There  is  no  city  in  the  world  that 
compares  with  it  in  rapidity  of  growth, 
extensive  municipal  improvements  and 
stupendous  real  estate  developments,  as 
are  shown  by  the  facts  and  figures. 

Not  only  will  it  be  the  largest  city  in  the  world 
within  the  next  ten  years,  but  from  every  other  stand- 
point it  will  be  unequalled. 

It  has  been  said  with  truth  that  the  greatest  of  all 
the  wonders  of  the  world  is  a  big  city  like  New  York. 

Here  are  all  the  races  brought  together  into  a 
single  cosmopolitan  community.  Everything  that  is  pro- 
duced anywhere  on  earth  is  for  sale  in  the  Metropolis 
and  can  be  bought  at  a  price.  It  is  not  only  the 
financial  centre  of  the  world,  but  is  the  commercial 
centre  of  the  nation. 

It  is  the  object  of  the  publishers  of  this  booklet 
to  place  before  those  who  may  be  interested  some  of 
the  startling  facts  that  are  largely  responsible  for  the 
city's  greatness. 

It  is,  however,  impossible  in  so  small  a  space  to 
review  a  thousandth  part  of  the  wonders  of  this  greatest 
of  all  commercial  and  financial  centres,  but  sufficient 
will  be  cited  to  give  the  reader  a  little  "peep"  at  least. 

[Page  Three] 


WASHINGTON  SQUARE 

Showing  Washington  Arch  and  line  of  buildings  formerly  owned  and 
occupied  by  aristocracy  of  New  York 

Its  Settlement 

New  York  City  obtained  its  charter  just  two  hun- 
dred and  fifty-four  years  ago,  (A.  D.  1753)  although 
it  was  settled  in  1623.  The  whole  of  the  island  now 
known  as  Manhattan,  (Monaton,  the  Indian  name) 
bounded  by  the  North,  East  and  Harlem  Rivers,  was 
purchased  by  Peter  Minuit  from  the  "  Manhattan " 
Indians,  or  Manhattas,  for  60  guilders,  ( $24 )  in  1626. 
"  1  he  *Sea  Mew'  arrived  in  the  harbor,  bringing  Peter 
Minuit,  the  new  Director-General,  the  first  of  the  four 
notable  rulers  of  the  Colony.  His  earliest  official  act 
was  this  purchase,  the  payment  being  in  beads,  buttons 
and  other  trinkets."  The  price  paid  was  about  ninety 
cents  for  a  thousand  acres.  It  was  first  called  New 
Amsterdam,  later  New  York,  then  New  Orange  and 
finally  New  York.  At  first  it  was  a  fur  -trading  coast, 
on  the  lower  part  of  the  island  now  called  "The  Borough 
of  Manhattan,"  which  is  one  of  the  five  boroughs  com- 
posing Greater  New  York  as  incorporated  in  1898. 
The  other  boroughs  are  Brooklyn,  Bronx,  Queens  and 
Richmond.  That  point  used  by  the  fur-traders  is  now 
the  most  valuable  real  estate  section  in  the  world. 

Since  first  the  eye  of  white  man  rested  upon  the 
Island  of  Manhattan,  London,  with  nearly  seven  times  as 
many  years  of  history,  is  only  slightly  in  the  lead,  while 
New  York  is  fast  setting  a  pace  for  the  world. 

New  York's  Area 

This  city  has  within  its  boundaries  209,160  acres 

[Page  Four  J 


APPELLATE  DIVISION.  SUPREME  COURT  OF  NEW  YORK  STATE 

Handsomest  court  house  in  the  world.    Built  1900.    Cost  $750,000. 
Final  jurisdiction  in  appeals  over  Supreme  Court 

of  land,  an  area  greater  than  the  combined  extent  of 
Chicago  and  Philadelphia,  while  London  occupies  only 
about  one-third  as  much  land. 

Growth  in  Population 

In  population,  New  York,  with  4,014,304  inhabi- 
tants in  1905,  was  exceeded  only  by  London,  with 
4,613,812  in  1903,  and  statisticians  of  the  New  York 
Board  of  Trade  and  Transportation  estimate  that  by 
1925  this  city  will  contain  6,760,000  souls.  Later  statis- 
tics, however,  show  that  eight  years  from  now  New  York 
will  be  much  larger  than  London.  It  has  at  the  present 
time,  according  to  the  latest  estimate,  4,800,000  inhabi- 
tants— a  population  more  than  one-fourth  greater  than 
that  of  Paris.  London,  it  is  true,  is  still  ahead  by  about 
half  a  million,  but  New  York  is  growing  seven  times  as 
fast  as  the  British  Metropolis,  having  shown  an  increase 
in  the  last  decade  of  no  less  than  37  per  cent  against 
5  per  cent  for  Greater  London. 

Area  for  Sub-division 

As  regards  the  area  of  New  York  City,  which,  as 
stated,  is  209,160  acres  of  land,  about  96,975  acres 
have  already  been  utilized  for  business  and  living  room; 
12,375  acres  are  appropriated  to  parks  and  cemeteries; 

[Page  Five] 


ASTOR  HOUSE 

Opened  in  1836.     Scene  of  manv  famous  receptions,  dinners,  etc. 
Assessed  today  at  $3,500,000— worth  $5,000,000 

and  25,520  acres  are  rendered  unavailable  in  Jamaica 
Bay.  This  leaves  only  74,290  acres  for  subdivision  into 
building  lots.  96,975  acres,  as  is  shown  by  these 
figures,  have  been  occupied  and  used  by  4,800,000 
people — New  York's  present  estimated  population. 

Greater  New  York  contains  one-twentieth  of  the 
area  population  of  the  United  States.  Its  population 
increases  in  ratio  five  to  one  compared  with  the  increase 
of  the  rest  of  the  country.  In  twenty-five  years,  or  less, 
the  population  of  New  York  will  have  doubled  itself. 
Every  business  day  of  the  year  sees  more  than  100 
families  of  500  people  added  to  New  York's  population. 
This  in  no  way  accounts  for  the  immigrants  who  settle 
in  this  city  each  year.  Out  of  the  1,000,000  who  land 
here,  250,000  remain  and  make  their  homes  in  Greater 
New  York.  Its  increase  each  year  is  equivalent  in 
itself  to  a  large  city.  Figuring  even  on  a  growth  equal 
to  that  of  the  past,  the  population  of  Greater  New  York 
in  1950  will  be  over  25,000,000.  Fully  10,000,000 
people  will  live  on  Long  Island. 

Half  of  the  State's  Population 
is  in  Greater  New  York 

Half  of  the  population  of  the  State  of  New  York  is 
located  within  the  limits  of  this  great  American  Metrop- 
olis, which  has  more  inhabitants  than  Switzerland  by 
one-fifth  and  more  by  one-third  than  Denmark.  The 
population  of  New  York  City  is  more  than  equal  to  that 
of  nine  sovereign  states  of  the  Union  combined — Maine, 

[Page  Six! 


EAST  SIDE  VIEW 

of  Hester  Street.     Most  closely  packed 
residential  spot  in  the  world 


Connecticut,  Delaware, 
Florida,  North  Dakota, 
South  Dakota,  Colorado, 
Montana  and  Nevada. 
To  this  total  Arizona  and 
Alaska  would  have  to  be 
added  in  order  to  furnish 
as  many  Americans  as 
are  to  be  found  within 
the  precincts  of  the  five 
boroughs. 

Density 
of  Population 

When  we  come  to 
make  comparison  be- 
tween Greater  New  York 
and  Greater  London, 
however,  the  most  start- 
ling facts  have  to  do  with 
the  density  of  population. 
Much  has  been  written 
about  the  crowding  of  the  people  in  the  slums  of 
London,  where,  as  reliable  statistics  show,  the  un- 
fortunate inhabitants  are  so  thickly  packed  that  in  some 
quarters  there  are  as  many  as  two  hundred  for  each 
acre  of  land.  And  yet,  when  we  look  the  matter  up, 
it  is  found  that  densest  London  is  less  thickly  popu- 
lated than  densest  New  York.  There  are,  in  fact,  in 
the  great  American  Metropolis,  2,626  acres  with  over 
two  hundred  persons  to  the  acre.  To  put  it  differently, 
there  are  nearly  three-quarters  of  a  million  of  persons 
in  New  York  who  are  housed  more  densely  than  the 
residents  of  the  most  thickly  packed  districts  in 
London.  Indeed,  considerable  areas  in  our  most  con- 
gested districts  have  two  occupants  for  every  one  in  the 
most  crowded  parts  of  London.  Even  this  statement 
does  not  fully  express  the  truth  in  as  much  as  New  York 
has  703  acres  with  447  persons  to  the  acre. 

Congested  Districts 

In  the  whole  of  Manhattan  and  the  Bronx,  if  all 

[Page  Seven] 


PRODUCE  EXCHANGE 

Fronting  Bowling  Green,     Largest  commercial  exchange  in  the  world 
Cost  $3,178,645.    Daily  business  in  wheat  alone  averages  4,000,000  bushels; 
corn,  2,000,000  bushels.      Three  hundred  offices  on  the  upper  floors 
Membership  limited  to  3,000 

the  inhabitants  of  these  two  boroughs  were  equally  dis- 
tributed relatively  to  areas,  there  would  be  ninety  for 
each  acre.  Of  course,  however,  some  districts  are  com- 
paratively sparsely  settled,  ( leaving  out  of  consideration 
6,836  acres  of  parks)  and  this  means  a  proportionate 
overcrowding  in  other  sections.  The  lower  east  side 
of  Manhattan  is  a  notoriously  congested  region,  but  in 
the  Sixteenth  Ward  of  Brooklyn  human  beings  are  packed 
almost  twice  as  thickly  as  in  the  worst  slums  of  London. 
In  the  slums  of  the  West  Central  District  of  London  there 
are  eleven  and  a  half  people  for  each  house.  For  each 
dwelling  in  the  whole  of  Brooklyn  the  average  number  of 
inmates  is  almost  as  great — that  is  to  say,  ten  and  a  half. 
Thus  it  would  seem  that  congestion  of  the  population  is  far 
more  intense  in  New  York  than  in  any  other  city  in  the 
world — a  very  unfortunate  circumstance. 

What  the  Density  Means 

It  is  interesting  to  consider  the  fact  that  a  density 
of  two  hundred  persons  to  the  acre  signifies  a  distribu- 
tion over  that  area  of  the  occupants  (if  they  were 
arranged  equi-distantly  and  after  the  manner  of  pieces 
on  a  chess  board)  with  spaces  of  less  than  fifteen  feet 
between  person  and  person.  At  ninety  to  the  acre,  re- 
presenting Manhattan  and  the  Bronx,  they  would  be 

[Page  Eight] 


GRANT'S  TOMB 

160  feet  high.    300  feet  above  the  Hudson,  on  Riverside  Drive 
Cost  $600,000.    Bodies  of  General  and  Mrs.  Grant  in  crypt 

ninety-two  feet  apart.  Considering  the  most  congested 
districts  of  New  York,  the  inhabitants,  four  hundred  and 
forty-seven  of  them  to  the  acre,  would  be  separated 
from  one  another  by  distances  of  less  than  ten  feet.  This 
is  rather  instructive  and  may  explain  in  some  measure, 
why,  as  was  found  by  a  recent  investigation,  2,563  tene- 
ment families  enjoyed  the  use  of  only  thirty-six  bath  tubs. 

So  Few  Own  Their  Own  Homes 

Another  melancholy  fact  is  that  in  New  York,  rela- 
tively to  the  size  of  the  population,  fewer  people  own 
homes  than  in  any  other  city  in  the  world.  There  dwell 
on  the  Island  of  Manhattan  391,687  families,  only 
16,316  of  which  hold  title  to  the  houses  they  occupy. 
Ninety-four  out  of  every  hundred  families  pay  rent — one 
result  of  which  circumstance  is  that  the  population  of 
the  American  Metropolis  shifts  in  a  more  kaleidoscopic 
fashion  than  any  other  known.  On  the  other  hand,  we 
observe  the  singular  spectacle  of  ownership  by  one 
family  ( the  Astors  )  of  an  immense  multitude  of  dwellings, 
the  property  having  a  number  of  tenants  greater  than 
the  entire  population  of  Hartford  or  of  Troy. 

Banks  and  Trust  Companies 

New  York's  206  banks  and  trust  companies  in  July, 
1906,  had  resources  aggregating  $4,268,188,482;  the  42 
life  insurance  companies,  supervised  by  the  State,  $2,454,- 
669,487;  the  38  fidelity  and  casualty  companies,  $70,- 
476,877;  the  39  fire  insurance  companies,  $106,633,670. 

[Page  Nine] 


THE  NIGHT  AND  DAY  BANK 

Fifth  Avenue  and  44th  Street 


Clearances 

The  monthly 
clearings  of  the  New 
York  banks  ran  as  high 

as  $8,542,671,211  in 

November,  1906,  and 
the  lowest  was  in  June, 
1906,  when  the  total 

was  $6,735,310,119. 

The  clearing  for  the 
year  was  $91,872,- 
000,000.  The  banks 
held  as  high  as  $1,202,- 
972,300  on  deposit 
during  theyear  and  had 
out  at  one  time,  $1,- 
004,564,000  on  loan. 

Deposits 

The  aggregate 
deposits  in  the  53 
banks  in  the  Clearing 
House  Association  averaged  $1,159,000,000;  in  the 
58  non-member  banks,  $231,000,000;  in  the  51  savings 
banks,  $918,000,000;  in  the  44  trust  companies, 
$871,000,000-a  total  of  $3,179,000,000.  The  Bow- 
ery Savings  Bank,  Grand  and  Elizabeth  Streets,  with 
wing  through  to  128-130  Bowery,  founded  1834,  is  the 
largest  savings  institution  in  the  world.  It  has  over 
150,000  depositors,  with  accounts  aggregating  over 
$93,000,000;  resources,  $103,458,000.  Last  year 
$25,000,000  were  withdrawn  from  the  savings  banks  of 
New  York  for  investment  in  suburban  real  estate  adjacent 
to  New  York.  Despite  that  fact  the  savings  bank 
deposits  were  over  $70,000,000  over  the  previous  year. 

Stocks  and  Bonds 

On  the  New  York  Stock  Exchange,  from  January 
1st  to  June  1,  1906,  137,967,403  shares,  par  value  of 
$100  per  share,  and  $583,297,700  of  bonds  were  sold. 
The  quarterly  dividend  disbursements  in  this  city  on 
July  1,  1906,  amounted  to  $150,000,000. 

[Page  Ten] 


Night  and  Day  Bank 

New  York  has  a 
banking  institution,  the  like 
of  which  is  nowhere  to  be 
found  in  the  world,  h  is 
always  open  excepting 
Sundays  and  legal  holi- 
days. It  is  practically 
three  banks  in  one — three 
sets  of  clerks  and  officers 
working  eight  hours  each 
during  the  twenty- four 
hours.  It  began  business 
May  1,  1906,  and  at  the 
close  of  the  first  years 
business.  May  1,  1907,  it 
had  total  deposits  of  $2,- 
584,689,  and  total  assets 
of  close  to  $3,200,000. 
The  bank  runs  an  ar- 
mored automobile  to  col- 
lect deposits  between  three 
in  the  afternoon  and  one  in  the  morning.  Another 
feature  of  the  bank  is  "  Milady's  Bank,"  the  woman's 
department,  where  there  is  a  counting  room,  reading 
and  writing  room  and  dressing  room  exclusively 
for  the  use  of  women  patrons.  This  branch  of 
the  Night  and  Day  Bank  in  itself  is  on  an  indepen- 
dent footing. 

Industries 

Most  of  the  important  industrial  corporations  of  the 
world  have  either  their  executive  offices  or  important 
agencies  in  New  York.  Of  the  great  American  corpora- 
tions, the  business  of  173  concerns,  with  an  aggregate 
capital  of  $7,000,000,000,  centers  in  this  city,  besides 
multitudes  of  smaller  corporate  bodies  and  individual 
manufacturers.  The  aggregate  wealth  of  all  this  inter- 
woven financial  and  industrial  fabric  baffles  computation. 

Value  of  Its  Products 

The  value  of  products  of  the  city's  factories  for  the 

[Page  Eleven] 


NEW  YORK  CLEARING  HOUSE 

Daily  average  clearings  approximately 
$200,000,000.  Average  daily  balance 
exceeds  $10,000,000.  Vault  capacity 
$165,000,000  in  gold. 


year  ending  June,  1906,  is  estimated  at  $16,000,000,000, 
one-tenth  of  the  entire  output  of  the  country.  The  city 
has  43,000  factories,  employing  520,000  wage  earners. 

Railroad  and  Harbor  Facilities 

Eleven  great  railroad  systems  center  in  New  York, 
bringing  from  the  interior  supplies  for  the  city's  needs 
and  merchandise  for  export,  while  the  inland  waterways, 
connecting  as  they  do,  through  Long  Island  Sound,  with 
the  New  England  and  Canadian  coasts  and  with  the 
great  waters  of  the  West  through  the  Hudson  River  and 
Mohawk  Valley,  contribute  their  quota.  Its  harbor  facili- 
ties have  made  it  the  great  port  of  entry  for  the  Adantic  sea- 
board, and  through  the  Narrows  pass  annually  over  21,000 
ocean-going  vessels  of  151  lines,  which  find  wharfage 
facilities  along  the  353  miles  of  the  city's  water  front. 

All  Night  Features 

New  York  has  not  only  500,000  persons  working 
all  night,  but  it  has  many  businesses  that  never  close. 
There  is  the  "all  night"  bank,  the  shoe  store,  the  cigar 
store,  the  dentistry,  the  drug  store,  the  largest  and  finest 
barber  shop  in  the  world,  an  all  night  magistrate's  court 
and  hundreds  of  restaurants  that  are  always  open. 

Large  Suburban  Station 

In  all  probability  the  greatest  passenger  station  in 
the  world  for  suburbanites  will  be  that  of  the  Long  Island 
Railroad,  at  Jamaica,  which  is  owned  and  controlled  by 
the  Pennsylvania  Railroad  Company.    The  building  alone 

[Page  Twelve  J 


will  cost  $2,000,000. 

The  Company  has  also 
purchased  in  Jamaica 
and  Long  Island  City, 
about  1,000  acres  ofland 
for  freight  storage  and 
classification. 

Exports 

The  exports  of  New 
York  in  the  year  ending 
June  30,  1906,  were 
valued  at  $628,493,866, 
more  than  41  per  cent  of 
the  entire  exports  of  the 
United  States,  and  more 
than  the  total  export  busi- 
ness of  any  nation  except 
Great  Britain,  Germany, 
France  and  the  Nether- 
lands. The  imports  in 
the  same  period  were 
valued  at  $700,054,551,  nearly  63  per  cent  of  the  totals 
for  the  country.  The  duties  collected  at  this  port  in 
the  year  amounted  to  $172,547,960. 

New  York's  Physical  Re-creation 

The  necessities  of  its  vast  business  interests  are 
re-creating  New  York  physically.  It  has  a  greater  num- 
ber and  larger  skyscrapers  than  all  the  cities  of  the  world 
combined.  Great  steel-frame  structures,  from  18  to  50 
stories,  are  replacing  the  6  and  8-story  buildings  of 
twenty  years  ago.  Already  there  are  80  office  buildings 
over  10  stories  high,  10  of  which  are  over  20  stories 
high.  The  tops  of  50  of  these  buildings  are  more  than 
200  feet  above  the  street,  and  15  are  more  than  300 
feet  in  height.  Many  cf  the  large  ofHce  buildings  have 
a  daily  population  equal  to  many  so-called  cities. 

The  Syndicate,  or  Park  Row  Building,  is  occupied 
by  5,500  people  each  day  and  over  50,000  people  are 
daily  carried  in  its  elevators — a  number  equal  to  the 
population  of  Wilkesbarre,  Pa.     One  building,  the  Singer 

[Page  Thirteen] 


FULLER,  or  "FLAT  IRON"  BLDG. 

Junction  of  Broadway,  5th  Ave.,  22d 
and  23d  Sts.  Occupies  lot  space  of 
only  7,690 square  feet,  300  feet  high. 


Sewing  Machine 
Company's,  on 
Broadway,  be- 
tween Cortlandt 
and  Liberty  Sts., 
now  in  course  of 
construction,  will 
be  612  feet  high, 
of  46  stories. 
There  is  also  to  be 
one  of  48  stories 
that  will  reach 
over  658  feet 
above  the  street, 
and  2  stories  be- 
low the  sidewalk. 
These  buildings 
will  be  the  tallest 
artificial  struc- 
tures in  the  world 
excepting  the  Ei- 
fel  Tower.  The 
last  named  is  the 
Metropolitan  Life  Insurance  Building,  which  will  be 
erected  on  the  site  of  the  old  Madison  Avenue  Presby- 
terian Church,  Madison  Avenue  and  Twenty-fourth 
Street,  the  pastor  of  which  is  the  Rev.  Charles  H.  Park- 
hurst,  D.  D.  The  Metropolitan  Company  paid  $1,000,- 
000  for  this  site;  in  addition,  the  expense  of  tearing 
down  and  removing  the  old  edifice. 

There  is  not  a  skyscraper  in  New  York  that  cost 
less  than  $1,000,000.    A  number  cost  over  $5,000,000. 

Building  Operations 

Plans  were  filed  and  contracts  awarded  for  new 
buildings  during  1906  at  an  estimated  cost  of  $250,000,- 
000,  and  for  remodeling  of  old  buildings  at  a  cost  of 
$20,000,000.  This  year's  building  operations  will  ex- 
ceed $300,000,000.  These  figures,  stupendous  as  they 
are,  do  not  include  municipal  improvements  and  public 
works.    They  represent  the  money  spent  in  erecting 

[Page  Fourteen] 


METROPOLITAN  LIFE  BUILDING 

Largest  and  highest  office  building  in  the  world. 
200x425  feet,  occupying  entire  block  between 
Madison  and  Fourth  Avenues  and  23d  and  24th 
Streets.  48  stories  above  sidewalk,  2  stories  below. 


HALL  OF  FAME  FOR  GREAT  AMERICANS 

Colonnade  506  feet  long,  gift  of  Miss  Helen  M.  Gould;  cost  $250,000 


hotels,  theatres,  office  buildings  and  dwellings.  The  ad- 
ditional sum  of  $700,000,000  will  be  spent  in  municipal 
improvements  now  under  course  of  construction,  which 
will  total  $1,000,000,000  represented  in  contracts 
already  awarded. 

Some  New  College  Buildings 

On  the  building  of  the  Union  Theological  Seminary, 
Broadway  and  120th  Street,  $2,500,000  will  be  spent; 
the  College  of  the  City  of  New  York,  now  being  com- 
pleted, will  cost  $8,000,000;  Columbia  College  has  asked 
for  $12,000,000,  and  the  University  of  New  York  will 
spend  $1,000,000  or  more.  This  university  has  $15,000,- 
000  in  reserve  for  building,  obtained  from  the  sale  of  its 
former  site  near  Washington  Square. 

One  of  Its  Department  Stores 

New  York  has  the  largest  department  store  in  the 
world.  It  occupies  two  blocks  and  has  132  departments 
covering  every  line  of  wares.  The  total  investment  in 
land,  buildings  and  stock  is  estimated  at  over  $10,000,- 
000  and  about  10,090  people  are  employed. 

Municipal  and 

Other  Improvements  Filed 

In  a  quiet  way.  New  York  has  entered  on  under- 
takings which  for  their  magnitude  and  cost  invite 
comparison  with  the  Panama  Canal,  estimated  to  require 

[Page  Fifteen] 


BROADWAY  AND  THIRTY-FOURTH  STREET 

Looking  north  to  Times  Square.     Showing  rapid  progress  north  of 
department  stores  trade.     Known  as  Riaho 

$135,000,000.  During  a  period  of  eight  years,  the  time 
limit  for  canal  construction,  there  will  be  under  way 
within  a  few  miles  of  the  City  Hall,  projects  rivaling 
Uncle  Sam's  great  undertaking.  Some  of  them  are: 
Extension  of  the  aqueduct  and  water  supply  into  the 
Catskills,  $161,000,000 ;  extension  of  the  municipal 
subway  system  as  already  authorized,  $175,000,000; 
electrification  and  new  terminals  of  the  Long  Island  Rail- 
road, $60,000,000;  electrification  and  new  terminals  of 
the  New  York  Central  Railroad,  $50,000,000  ;  electrifi- 
cation and  new  terminals  of  the  Pennsylvania  Railroad, 
$35,000,000 ;  six-track  electrification  of  the  New 
Haven's  Shore  Line  to  New  Rochelle,  $25,000,000; 
New  York  Connecting  Railroad,  $10,000,000;  McAdoo 
Syndicate,  Hudson  tunnels  and  Sixth  Avenue  and  Ninth 
Street  subways,  $16,000,000 ;  new  Westchester  and 
Boston  Electric  Railroad,  through  the  Bronx  and  West- 
chester, $12,000,000;  Blackwell's  Island  Bridge,  $20,- 
000,000;  municipal  lighting  plant  and  conduits,  $20,- 
000,000;  Manhattan  Bridge,  $11,000,000;  Chelsea 
Park  Improvements,  $10,000,000;  New  Hall  of  Records, 
$6,500,000;  Brooklyn  subway  and  East  River  tunnel, 
now  under  construction,  $9,000,000 ;  Public  Library 
and  Carnegie  branches,  $10,000.000 ;  new  Beilevue 
Hospital,  $9,000,000 ;  dock  improvements  under  way 
on  North  and  East  Rivers,  $5,000,000;  Hendrik  Hud- 

[Page  Sixteen] 


son  Memorial 
Bridge  over  Har- 
lem Ship  Canal  at 
Spuyten  Duyvil, 
$5,000,000;  New 
Brooklyn  Bridge 
terminals  at  Park 
Row  and  Center 
Street.  $3,500.- 
000;  new  Brook- 
lyn Borough  mu- 
nicipal building. 
$3,000,000;  im- 
provements  on  the 
Shore  Road.  Bay 
Ridge  and  Fort 
Hamilton,  $2.- 

AAA  AAA  Cost  $6,500,000. 

UUU.UUU;     new    New  York  County. 

granite  structure. 


1^:11  tiif 

Hii  iJll 

III      f  i  i  »m2J 

H.4LL  OF  RECORDS 

Contains  real  estate  records  of 
Absolutely  fire-proof,  steel  and 


Queens  Borough 
municipal  building.  $1,000  000 ;  Custom  House,  ap- 
proaching completion,  $5,000,000 ;  new  General  Post 
Office,  at  Forty-second  Street,  $2,500,000  ;  Boulevard 
Lafayette  improvements,  Washington  Heights,  $1,000,- 
000;  new  Owl's  Head  Park,  Bay  Ridge,  Brooklyn,  $1,- 
000,000;  rebuilding  Brooklyn  Bridge,  to  be  begun  as 
soon  as  Manhattan  Bridge  is  finished,  $16,000,000. 

Increased  Facilities  for  Transportation 

Before  we  will  have  realized  it  the  bridges  and 
tunnels  in  course  of  construction  will  be  in  operation. 
The  total  carrying  capacity  of  these  structures  and  tun- 
nels will  afford  facilities  of  transportation  of  about  400,- 
000  passengers  per  hour: 


Bridges  and  Tunnels 

Manhattan  Bridge  to  Brooklyn 

Williamsburg  Bridge  to  Brooklyn  6 

Blackwell's  Island  Bridge  to  Queens  6 

Municipal  R.  T.  Tunnel  to  Brooklyn  2 

Pennsylvania  Tunnel  to  Queens  4 

Pennsylvania  Tunnel  to  New  Jersey  2 

N.Y.  &  N.  J.  Trolley  Tunnel  to  New  Jersey  2 

Municipal  R.  T.  Tunnel  to  Harlem  4 

Brooklyn  Bridge,  capacity  to  be  doubled  4 

[Page  Seventeen] 


Capacity  per  Hour 

8  Tracks  92.600 


63,800 
63.800 
19.200 
38,400 
19,200 
19.200 
43,000 
40,000 

Total.  399.200 


HUDSON  MEMORIAL  BRIDGE 

Will  cost  about  $5,000,000  when  completed.    It  will  be  a  continuation 
of  Riverside  Drive 

Municipal  Bridges 

Greater  New  York  has  the  largest  and  costliest 
municipal  bridges  in  the  world.  The  Brooklyn  Bridge 
crosses  the  East  River  from  the  City  Hall,  Manhattan, 
to  Sands  Street,  Brooklyn.  It  was  opened  May  24, 
1883,  and  cost  $16,000,000,  with  necessary  approaches. 
Length,  1/8  miles;  height,  135  feet.  Williamsburg 
Bridge,  which  was  opened  December  19,  1903,  leads 
over  the  East  River  from  Delancey  and  Clinton  Streets, 
Manhattan,  to  Driggs  Avenue,  near  Broadway,  Brooklyn. 
The  cost  was  $16,000,000,including  approaches.  Length 
1  1-6  miles;  height,  135  feet.  In  1904  ten  half  blocks 
of  tenements  were  demolished  to  extend  the  bridge  ap- 
proach to  the  Bowery.  The  Blackwell's  Island  Bridge, 
which  is  being  built  over  the  East  River  from  Second 
Avenue,  near  Fifty-ninth  Street,  to  Jane  and  Academy 
Streets,  Long  Island  City,  will  cost  $20,000,000.  Length, 
1/  miles;  height,  135  feet.  It  will  be  completed  1908. 
The  Manhattan  Bridge,  the  foundations  for  which  are 
already  laid,  will  be  erected  over  the  East  River  from 
Nassau  Street,  Brooklyn,  to  the  Bowery  and  Canal  Street, 
Manhattan,  to  carry  4  trolley  tracks,  4  "  L"  lines  and 
will  have  a  35-foot  roadway  and  two  promenades.  Cost, 
$12,000,000,  exclusive  of  land.  Length,  VA  miles; 
height,  120  feet. 

At  present  the  number  of  day  dwellers  in  lower 
Manhattan  is  estimated  at  more  than  a  million,  and  of 
those  more  than  260,000  come  from  Long  Island.  The 
capacity  of  the  present  Brooklyn  Bridge  and  the  ferries 

[Page  Eighteen] 


JUNCTION. THIRD  &  FOURTH  AVENUES  AND  FAMOUS  BOWERY 

Showing  Cooper  Union,  founded  b>'  Peter  Cooper 

to  that  borough  is  64,000  an  hour.  The  new  facilities, 
when  completed,  will  give  a  capacity  of  239,600  an  hour. 
The  present  capacity  of  all  the  north  and  south  lines  in 
Manhattan  is  142,000  an  hour ;  the  additions  now  in 
progress  will  increase  it  only  to  185,000,  In  other  words 
the  facilities  for  travel  between  lower  Manhattan  and 
Long  Island  will,  in  five  years,  be  nearly  four  times  those 
now  provided. 

Taxable  Realty 

The  assessment  rolls  show  that  the  city  contains 
taxable  realty  valued  at  $5,221,584,301;  exempt  realty, 
$1,035,899,577;    taxable   personalty,  $690,571,926. 

Underground,  Elevated  and 
Surface  Railroads 

The  underground,  elevated  and  surface  railroads 
represent  an  outlay  of  $230,000,000  and  carry  about 
4,000,000  passengers  a  day.  New  subways  to  be  built 
within  a  few  years  will  cost  $150,000,000.  Most  of  the 
costly  part  of  the  work  will  be  done  before  1908.  New 
York's  new  tunnel  system  will  place  the  most  strenuous 
part  of  its  busy  life  under  ground  and  water.  There  are 
already  in  the  Metropolis  about  1,400  miles  of  surface 
and  elevated  trackage,  but  the  expectation  is  that  the 
elevated  roads,  which  are  already  regarded  as  an  out-of- 
date  expedient  for  urban  traffic,  will  be  entirely  done 
away  with  in  the  non-distant  future. 

Volume  of  Business 

The  volume  of  business  transacted  in  New  York  is 

[Page  Nineteen] 


NEW  YORK  STOCK  EXCHANGE 

White  marble,  richly  carved 
Cost  of  land  and  building,  $3,000,000 


illustrated  by  the 
receipts  of  its 
post  offices, 
which  average 
$58,965  a  day. 
The  receipts  for 
last  year,  includ- 
ing Brooklyn, 
aggregated  $17,- 

690,000,  or  12 

per  cent  of  the 
total  income  of 
the  72,000  post 
offices  of  the 
United  States, 
giving  the  depart- 
ment a  net  profit 

of  $11,500,000. 

In  M  anhattan 
there  are  mailed 
daily  1,716,000 


letters,  and  more  than  2,000,000  pieces  of  mail  are  de- 
livered. 937  publications  are  issued  in  Manhattan,  and 
the  quantity  of  these  mailed  averages  337,835  pounds, 
or  about  200  tons  a  day.  There  are  71  post  offices  and 
329  sub-stations. 

Hello''  Service 

Another  illustration  of  the  business  activity  of  New 
York  is  found  in  its  telephone  statistics.  There  are  51 
central  offices  with  over  8,000  employees  and  200,000 
'phones.  The  average  number  of  calls  per  day  is  1,700,000. 

Cost  of  **Wire"  Service 

On  every  business  day  of  the  week,  $175,000  is 
paid  out  for  cables  and  telegrams  in  the  financial  district 
of  Greater  New  York  alone.  Its  daily  telephone  calls 
are  900,000. 

Its  Street  Lighting 

The  outdoor  illuminationof  New  York  is  supplied  by 
3,500,000  electric  lights,  all  of  which,  except  6,000,  are 

[Page  Twenty] 


incandescent.  These  rep- 
resent a  total  lighting 
power  01  180,000,000 
candles,  which,  if  they 
were  real  candles  and 
were  stood  in  line  six 
inches  apart,  would 
stretch  more  than  two- 
thirds  around  the  world. 

Goal  Required 

It  requires  14,000,- 
000  tons  of  coal  a  year  to 
supply  New  York,  about 
10,800,000  tons  being 
used  to  make  steam  and 
electricity.  The  average 
amount  of  fuel  in  the  city's 
yards  is  422,000  tons. 

The  Ashes  it  Makes 
If  New  York's  ash 
pile  may  be  regarded  as  an  indication  of  the  city's 
size,  New  York  has  undeniable  reason  to  boast  that  she 
produces  during  twelve  months,  2,121,319  tons  of  ashes. 
Think  what  a  mountain  such  a  quantity  would  make  if 
thrown  into  one  heap! 

The  Hotels 

More  big  hotels  thrive  in  New  York  than  in  any 
other  place  in  the  world.  Of  344  large  hostelries,  136 
average  400  rooms  apiece — making  in  all  54,400 ;  51 
accommodate  600  guests  each  and  the  others  are  nearly 
as  large.  Ten  of  the  largest  are  valued  at  $24,565,000. 
Eleven  new  hotels  have  been  started,  some  of  which  are 
now  finished.  The  total  cost  of  these  was  over  $40,- 
000,000.  The  hotels  are  the  modern  marvels  of  the 
Metropolis.  The  transient  hotel  population  of  New 
York  is  figured  at  150,000. 

The  Restaurants 

In  fine  restaurants  the  city  is  well  supplied.  The 
sum  of  $40,000,000  is  invested  in  superior  eating  houses, 

[Page  Twenty-one] 


HOTEL  BELMONT 

Tallest  hotel  in  the  world 

Cost  $2,500,000 


HOTEL  ASTOR 
Cost  $7,000,000.     Has  1.000  employees 


catering  to  about 
500,000  diners  a 
day,  who  spend 
about  $1,200,000 
on  their  dinner. 
These  places  em- 
ploy 60,000  peo- 
ple. They  take  the 
entire  output  of 
vegetable  gardens 
covering  90,000 
acres.  One  hotel 
kitchen  alone  rep- 
resents an  outlay 

of  $130,000.  The 

epicure  of  every 
nationality  can  find 
a  restaurant  in 
New  York  that  supplies  his  native  diet.  There  are  numer- 
ous Hungarian  French,  German,  Spanish,  South  Ameri- 
can, Italian,  Japanese  and  Chinese  restaurants  about 
Greater  New  York.  New  York  has  the  largest  l:itchen 
in  the  world,  that  of  the  Hotel  Astor,  where  guides  are 
always  waiting  to  show  guests  and  visitors  throughout. 

Its  Great  Fisheries 

Of  all  that  we  hear  and  read  of  the  great  fisheries 
of  Oregon  and  Alaska,  the  fishing  industries  of  Greater 
New  York's  immediate  surroundings  are  greater  than 
Oregon  and  Alaska  combined. 

Largest  Zoological  Garden 

New  York  has  the  largest  zoological  garden  in  the 
world — the  Bronx  Zoo.  It  occupies  261  acres  in  the 
southeastern  section  of  Bronx  Park.  It  contains  3,000 
specimens,  representing  over  500  species  of  animals. 
It  is  visited  annually  by  1,200,000  people.  Over  $1,- 
000,000  is  spent  each  year  adding  new  buildings,  etc. 

Madison  Square  Garden 

In  Madison  Square  Garden,  New  York  has  not  only 
the  largest  but  most  beautiful  amusement  building  in  the 

[Page  Twenty-two] 


world.  It  is  at  Madison 
and  Fourth  Avenues, 
26th  and  27th  Streets. 
It  is  of  Renaissance  ar- 
chitecture, and  contains 
the  largest  amphitheatre 
in  America,  seating  12,- 
000.  It  also  has  the  Gar- 
den Theatre,  a  roof  gar- 
den,concert  hall  and  cafe. 
Its  total  seating  capacity 
is  20,000.  New  York 
has  many  other  large 
halls ;  among  them  are 
Carnegie  Hall  and  the 
Grand  Central  Palace. 
It  also  has  the  largest 
roller  skating  rink,  the 
St.  Nicholas,  at  66th 
Street,  between  Colum- 
bus Avenue  and  Cen- 
tral Park  West. 


MADISON  SQUARE  GARDEN 

Renaissance  architecture.  Seats  12,- 
000.  Has  also  theatre,  roof  garden, 
concert  hall  and  cafe.  Tower  368  feet 
high.  Scene  of  annual  horse  show  and 
other  amusements. 


Its  Six  Race  Tracks 

New  York  s  six  race  tracks,  which  divide  the  sea- 
sons among  themselves,  have  an  average  daily  attendance 
of  12,000,and  the  wagers  laid  aggregate  more  than  $1,- 
000,000  a  day. 

Places  of  Amusement 

The  city  has  over  100  theatres — more  in  number 
and  larger  in  size  than  any  city  in  the  world.  Twelve 
or  more  will  be  built  this  year.  Nowhere  is  so  much 
money  expended  on  amusements  as  in  New  York.  It 
has  what  no  other  city  has — two  grand  opera  houses,  the 
Manhattan  and  Metropolitan,  each  of  which  cost  $1,500,- 
000.  A  third  is  being  built  by  Hammerstein  to  cost  in 
excess  of  $5,000,000.  Here  also  is  the  largest  and  cost- 
liest place  of  amusement  in  the  world — the  Hippodrome, 
costing  $1,750,000.  Every  production  staged  costs  at 
least  $200,000  for  scenery  and  costumes.  The  theatres 
of  New  York,  all  of  them  together,  seat  about  120,000 

[Page  Twenty-three] 


HIPPODROME 

Cost  $1,750,000.    Seats  5,200  persons.    Stage  110  x  200  feet 
40,000  electric  lights 

persons.  If  it  be  supposed  that  at  an  average  performance 
they  are  only  two-thirds  full,  it  follows  that  80,000  persons 
in  the  Metropolis  must  go  to  'the  play  every  week-day 
night — a  number  equal  to  the  population  of  Savannah, 
Georgia.  New  York  also  has  12  beaches,  26  picnic 
groves,  25  athletic  fields,  18  art  galleries,  84  notable 
clubs,  and  over  100  statues  and  monuments. 

Individual's  Art  Gallery 

There  is  no  individually  owned  art  gallery  in  the 
world  equal  to  that  of  J.  Pierrepont  Morgan's.  The 
building  cost  $1,000,000  and  contains  between  $5,000,- 
000  and  $6,000,000  in  art  treasures.  The  gallery  is  situ- 
ated at  the  rear  of  his  residence,  Madison  Avenue  and 
36th  Street,  with  an  underground  passage  from  his  house. 

Finest  Art  Museum  in  the  World 

The  MetropoHtan  Museum  of  Art,  Central  Park, 
facing  Fifth  Avenue  at  82d  Street,  covers  acres 
and  cost  $20,000,000. 

Center  Here 

New  York  is  the  literary  and  art  center  of  America^ 
as  well  as  the  theatrical  center  of  this  country. 

Its  Aquarium 

The  New  York  Aquarium  is  the  most  complete  in 
the  world.    It  is  in  the  low,  round  building  at  the  lower 

[Page  Twenty-four] 


METROPOLITAN  MUSEUM  OF  ART 

Central  Park.  Co.npleted  structure  planned  to  cover  18 acres,  at  a  cost 
of  $20,000,000.      Rapidly    becoming  the  world's  most  famous  art  museum 

end  of  Manh  attan,  at  a  point  known  as  "The  Battery." 
It  contains  the  finest  collection  of  living  fish  in  the  world, 
shown  in  102  glass  tanks.  The  building  was  erected  in 
1807  on  a  small  island  and  called  Fort  Clinton.  In  1822 
it  was  joined  to  the  main  land  by  filling  in  and  called 
Castle  Garden,  becoming  a  place  of  amusement.  Jenny 
Lind  sang  there  in  1850.  In  1855  it  became  the  immi- 
gration depot,  which  was  moved  to  Ellis  Island  in  1892, 
and  in  1896  the  old  building  was  opened  to  the  public 
as  an  aquarium.  The  site  commands  a  view  of  the 
upper  bay  and  the  Jersey  shore,  at  the  entrance  to  the 
Hudson  River. 

Clubs,  Baths,  etc. 

There  are  a  larger  number  of  Turkish  baths  in 
New  York  than  any  other  city  in  the  world.  It  also  has 
the  largest  number  of  clubs,  many  of  which  are  the 
richest  in  the  world.  The  largest  life  insurance  com- 
panies in  the  world  are  here,  and  it  has  the  largest  im- 
porters, the  H.  B.  Claflin  Company,  who  carry  $8,000,- 
000  insurance  on  their  stock  of  merchandise. 

Its  Schools 

There  are  16  high  schools  and  496  elementary 
public  schools,  with  11,273  teachers  and  675,000  pupils. 
There  are  also  469  kindergarten  classes  with  15,311 
pupils.  The  690,311  pupils  undergo  their  instructions  in 
nearly  11,000  schoolrooms.  This  means  that  t  he  number 
of  boys  and  girls  who  are  seeking  an  education  in  the 

[Page  Twenty-five] 


AQUARIUM 

Contains  the  finest  collection  of  living  fish  in  the  world.     102  glass  tanks 
Formerly  Castle  Garden 


Metropolis  is  greater  by  74,000  than  the  population  of 
St.  Louis.  New  York  spends  alone  on  its  public  schools, 
$24,231,850 — one  tenth  ot  the  cost  of  the  public  school 
system  of  the  country. 

The  Colleges 

There  are  11  colleges,  universities  and  seminaries 
in  Greater  New  York,  with  1,236  instructors,  16,000 
students  and  812,284  volumes  in  their  respective 
libraries.  New  York  has  more  college  students  than 
any  other  city  in  the  world.  It  also  has  features  no 
other  city  affords,  that  of  free  college  education  to  its 
citizens.  This  is  done  by  the  College  of  the  City  of 
New  York,  West  116th  Street,  near  Amsterdam  Avenue. 
The  college  will  accommodate  4,000  students  and  con- 
fers all  degrees.    It  cost  $8,000,000. 

The  Churches 

New  York's  1,439  churches  own  property  valued 
at  $183,972,340,  and  are  presided  over  by  3,000  di- 
rectors, pastors  and  curates.  New  York  has  one  or 
more  churches  of  almost  every  denomination  in  the  world 
— the  Baptist,  Presbyterian,  Reformed  Presbyterian, 
United  Presbyterian,  Congregational,  Disciples  of  Christ, 
Evangelical  Friends,  Greek  Catholic,  Jewish,  Lutheran, 
Methodist  Episcopal,  African  M.  E..  Moravian,  Protes- 
tant Episcopal,  Reformed  Church  in  America,  Reformed 
Church  in  the  United  States,  Reformed  Episcopal,  Roman 
Catholic,  Unitarian,  Universalist,  Armenian,  Scandinavian, 

[Page  Tvvent\  -six] 


CATHEDRAL  OF  ST.  JOHN 
THE  DIVINE 

Episcopal.    (Morningside  Heights) 


Russian,  Japanese,  Ital- 
ian, Hungarian,  Chinese, 
Seventh  Day  Adventist, 
German,Swedenborgian, 
and  many  others  who 
have  their  missions,  chap- 
els, etc.  The  only  Rus- 
sian church  in  the  United 
States  is  in  Greater  New 
York,  and  is  a  striking, 
beautiful  and  costly  struc- 
ture. There  are  also  sev- 
eral Christian  Scientist 
Churches,  one  of  which 
is  located  at  96th  Street 
and  Central  Park  West. 
It  cost  over  $1,000,000. 

Its  Hospitals 

There  are  132  hos- 
pitals, valued  at  $14,- 
782,400.  Nowhere  in 
the  world  are  so  many  located  in  one  city,  and  none  is 
so  complete  in  every  sense  of  detail,  efficiency  and  size. 

Its  Philanthropy  and  Charities 

For  philanthropies,  benefactions  and  charities,  no 
city  in  the  world  compares  with  New  York.  There  are 
over  3,000  charitable  organizations  and  institutions, 
among  which  are  infirmaries,  homes  for  the  blind,  for 
the  incurables,  orphan  asylums  and  free  dispensaries 
scattered  about  the  city.  The  city  gives  yearly  $50  to 
each  blind  person,  and  has  done  so  for  years.  Each  re- 
ligious denomination  has  its  own  system  of  giving,  aiding 
the  helpless,  curing  the  sick  and  burying  its  dead  ;  and 
many  have  their  own  hospitals,  which  are  free  for  all. 
The  Catholic,  Jewish  and  Episcopal  churches  lead  all 
others  in  their  benefactions  and  charities.  There  is  no 
city  in  the  world  that  cares  so  tenderly  and  considerately 
for  its  poor.  There  are  seaside  hospitals,  floating  hos- 
pitals that  are  towed  about  the  rivers  and  harbors  during 
the  summer  months  and  immense  fresh  air  funds  which 

[Page  Tventy-eight] 


COLUMBIA  LIBRARY.  COLUMBIA  UNIVERSITY 

Gift  of  Ex-Mayor  Setli  Low.    Contains  350,000  volumes 


provide  for  the  sending  of  the  poor  into  the  country 
during  the  hottest  summer  months.  It  also  provides  free 
bread  to  the  indigent,  and  free  milk  and  ice  throughout 
the  congested  parts  of  the  city.  As  an  illustration  of 
the  sympathy  and  tender-heartedness  of  the  citizens  of 
this  great  city,  we  have  simply  to  mention  the  Society  for 
the  Prevention  of  Cruelty  to  Animals  and  the  Society 
for  the  Prevention  of  Cruelty  to  Children.  It  is  not  an 
uncommon  sight  to  see  a  street  or  avenue  blocked  while 
an  injured  horse,  a  wounded  dog  or  cat  is  being  cared 
for  by  the  ofEcers  of  the  S.  P.  C.  A.  The  care  of  the 
homeless  and  outcast  children  who  are  taken  up  by  the 
S.  P.  C.  C.  is  as  delicate  and  tender  as  that  of  a  loving 
mother.  The  little  tots  get  every  attention  and  are  so 
disciplined  and  taught  that  they  are  moulded  into  better 
boys  and  girls — more  fully  prepared  to  overcome  their 
unfortunate  positions  in  the  world  and  fight  life's  battle 
with  a  better  chance  for  overcoming  its  many  obstacles. 

The  Mills'  Hotels 

One  of  the  greatest  business  philanthropies  that  this 
city  knows  is  that  of  the  building  of  the  Mills'  hotels,  es- 
tablished and  owned  by  D.  O.  Mills.  There  are  already 
two  and  the  third  is  being  completed.  One  is  on  Bleecker 
Street,  near  West  Broadway.  It  contains  800  rooms.  A 
clean,  comfortable  room  may  be  had  for  20  cents  a  night 
and  meals  are  furnished  at  15  cents.  There  is  another  on 
Rivington  Street,  near  the  Bowery,  on  the  east  side,  con- 

[Page  Twent>-nine] 


THE  NEW  YORK  LIBRARY 

Astor-Lenox-Tilden  Foundations 


taming  600  rooms.  The  third  is  now  in  course  of  con- 
struction at  37th  street  and  Seventh  Avenue,  at  a  cost 
of  $1,000,000.  These  hotels  provide  a  place  where  a 
man  of  unfortunate  circumstances  may  go  and  still 
retain  his  self-respect  and  standing  among  his  fellow 
men  and  at  very  small  cost.  Visitors  are  always 
welcomed  at  these  hotels  and  it  is  worth  anyone's  time 
to  see  them. 

Sacred  Funds 

Much  of  the  sacred  funds  of  New  York  is  invested 
in  New  York  City  real  estate.  The  Corporation  of 
Trinity  Church  has  the  largest  income  from  its  invest- 
ments. It  receives  nearly  $800,000  yearly,  which  is 
used  to  support  a  number  of  parishes  and  for  settlement 
work  among  the  east  side  poor. 

The  Libraries 

To  help  both  young  and  old  to  study  and  to 
learn,  New  York  has  libraries  which  contain  in  the 
aggregate,  2,000,000  of  books.  Counting  each  time 
of  use  as  one  book,  6,000,000  volumes  are  with- 
drawn by  citizens  during  each  year  for  home  use, 
and  3,000,000  are  read  in  the  reading  rooms.  The 
New  York  Public  Library,  now  in  course  of  construc- 
tion at  Fifth  Avenue  and  42d  Street,  will  cost  $15,- 
000,000  and  will  contain  over  4,000,000  books— 
1,000,000  in  excess  of  the  next  largest  in  the  world, 
that  of  the  Bibliotheque  Nationale,  of  Paris  — 
the  great  French  library.  The  New  York  Public 
Library  ( Astor,  Lenox  and  Tilden  Foundations)  was 

[Page  Thirty] 


THE  I^LAZA 

58th  Street  and  Fifth  Avenue,  showing  entrance  to  Central  Park 
Hotels  Netherland  and  Savoy  and  Metropolitan  Club  shown  in  the  foreground 

established  by  consolidation  of  the  trustees  of  the  Astor 
Library,  the  trustees  of  the  Lenox  Library  and  the 
Tilden  Trust,  May  23,  1895.  The  Lenox  Library  build- 
ing and  site  were  sold  to  Henry  C.  Frick  for  $3,000,000. 
This  money  will  be  spent  for  books  alone.  Andrew 
Carnegie  has  given  the  city  $5,500,000  for  55  libraries, 
15  or  16  of  which  are  now  constructed,  the  money  to 
be  spent  for  buildings  only,  the  city  to  provide  the  land 
and  maintain  the  libraries  when  built.  They  are  to  be 
free  circulating  libraries. 

Greatest  Publishing  Center 

This  is  the  greatest  publishing  center  in  the  world. 
The  printers  and  press  operators  number  26,414,  of 
whom  893  are  women.  The  circulation  of  its  daily  press, 
magazines  and  periodicals  surpass  those  of  any  other 
city.  There  is  scarcely  a  language  that  does  not  have 
its  representative  newspaper  in  this  great  Metropolis. 
There  are  the  Chinese,  Greek,  Hebrew,  Italian,  German, 
Hungarian  and  Swedish  publications,  beside  others. 

Newspaper  Office  Building 

The  greatest  newspaper  office  building  in  the  world  is 
the  Times  Building,  Broadway  and  42d  Street,  this  city. 
It  has  the  best  equipped  newspaper  plant  in  the  world— 
that  of  The  New  York  Times.  As  an  office  building  it 
has  no  equal — for  location,  light,  centralism  and  access- 
ibility. Its  tenants  are  selected  with  the  greatest  discrimi- 
nation.   High  character  and  strictly  legitimate  business 

[Page  Thirty-one] 


only  accepted.  It  is 
on  an  island,  so  to 
speak,  with  100- 
foot  streets  on  every 
side.  It  is  nearest  the 
clouds  of  any  artifi- 
cial or  natural  point 
within  12  miles. 
It  has  electric  ele- 
vators with  the  high- 
est rise  and  cost- 
liest control  of  any 
office  building  in  the 
world — that  of  326 
feet  IH  inches.  It 
contains  mor-^  than 
5  miles  of  heating 
pipe.      Its  smoke 
stack  is  389  feet 
high.  Over  28  tons 
of  glass  were  used 
in  the  building. 
More  than  12,500 
tons  of  cement  were 
needed  in  its  con- 
struction, also  3,293,000  red  brick,  a  greater  part  of 
which  were  supplied  for  building  the  great  retaining  walls 
extending  from  the  foundations  up  to  the  street  level. 
For  artificial  light  and  other  purposes,  21  miles  of  con- 
duits were  installed.    Small  though  the  roof  area  of  the 
Times  Building  is,  more  than  47  tons  of  material  were 
required  for  doing  the  work.    The  pipes  in  the  plumb- 
ing weigh  more  than  100  tons.    The  flag  pole  is  471 
feet  above  tide.    The  building  cost  $1,200,000.  The 
pressroom  of  The  Times  is  three  floors  below  the  level 
of  the  street,  and  a  portion  of  the  ground  floor  and  floor 
below  at  the  subway  entrance  are  rented  for  a  drug 
store  at  the  yearly  rental  of  $36,000. 


TIMES  BUILDING 

HomeOfficeof  The  McCormack  Real  Estate  Co. 
Cost  $1,200,000.    Highest  point  within  12  miles 


Cost  of  City  Government 

The  cost  of  running  this  great  city  is  larger  than 

[Page  Thirty-two] 


NEW  UNITED  STATES  CUSTOM  HOUSE 

Facing  Bowling  Green  at  foot  of  Broadway.     Magnificent  carved  granite 
structure,  costing  $4,500,000.     Style,  French  Renaissance 

that  of  any  other  city  in  the  world.  It  exceeds  the  cost 
of  the  administration  of  the  United  States,  exclusive  of 
pensions,  post  offices  and  river  and  harbor  improvements. 
There  are  over  50,000  on  the  city's  pay  roll. 

Revenue  From  Liquor  Licenses 

There  are  about  16,000  Hcenses  granted  each  year 
in  Greater  New  York  for  the  sale  of  malt  and  spirituous 
liquors,  for  which  the  city  receives  over  $12,000,000. 

The  Police 

To  maintain  the  peace  in  the  five  boroughs  of 
Greater  New  York,  7,178  policemen  are  required,  with- 
out counting  1,240  "specials  *  and  watchmen.  There  are 
no  more  heroic  "guardians  of  the  peace"  in  this  or  any 
other  country  than  are  the  "blue  coats"  of  New  York. 
There  is  scarcely  a  day  passes  that  we  do  not  hear  of 
some  one  or  more  risking  life  to  save  that  of  some  child, 
man  or  woman.  London  has  over  12,000  police,  which 
augers  that  while  it  may  be  one-seventh  larger  than  New 
York,  it  requires  fifty  per  cent  more  police  protection. 

The  famous  "Broadway  squad"  is  composed  of  the 
finest  specimens  of  mankind,  the  world  knows.  Each 
one  is  selected  for  his  tallness  of  stature  and  magnificence 
of  physique  and  for  his  intelligence  and  education.  They 
are  noted  for  their  kindness  and  attention  to  women  and 
children.  The  "squad"  represents  the  cream  of  the  De- 
partment.   The  mounted  police,  or  "Traffic  squad"  share 

fPage  Thirty-three] 


with  the"Broadway  squad" 
the  attention  and  admira- 
tion of  the  city's  guests  and 
visitors.  Their  mounts  are 
beautiful  bay  horses,  each 
of  which  is  trained  for  its 
duties  to  such  a  degree 
that  they  show  almost  hu- 
man reasoning.  Many  of 
them  have  circus-horse 
tricks,  so  to  speak,  and 
are  made  pets  wherever 
they  are  ridden.  The 
"Bicycle  squad"  are  not 
to  be  forgotten,  for  truly 
they  are  as  unique  in  their 
sphere  as  any  others  of 
the  force. 


THE  BIRTHPLACE 
OF  PRESIDENT  ROOSEVELT 

On  21st  Street,  between  Broadway  and 
Fourth  Avenue;  now  surrounded  by 
large  loft  and  apartment  buildings. 


Fire  Department 

For  keeping  under 
proper  subjugation  the 
treacherous  "fire-fiend," 
about  3,000  firemen  are  hired,  the  apparatus  they  em- 
ploy comprising  160  steam  engines  (besides  chemical 
and  hand  engines),  24,000  feet  of  ladders  and  nearly 
500,000  feet  of  hose ;  1,100  horses  are  used  by  the 
Fire  Department,  notwithstanding  whose  efforts  some 
$7,000,000  of  property  goes  up  in  smoke  every  year  in 
the  City  of  New  York. 

Police  and  Firemen 

New  York's  "Finest"  and  its  "Fire  laddies"  go  on 
review  parade  each  year.  It  is  a  sight  most  pleasing  to 
behold  to  watch  these  gallant,  heroic  specimens  of 
America's  sturdiness  and  physical  courage  as  they  pass 
by.  The  police  have  their  parade  May  11th  each  year, 
after  which  awards  for  bravery  are  made  by  the  Mayor 
and  Police  Commissioner.  The  firemen  parade  and  are 
also  reviewed  each  year.  Medals  for  heroism  are  also 
presented  the  same  day  by  the  Mayor  and  Fire  Com- 
missioner. 

[Page  Thirty-four] 


**L,"  Subway  and 
Trolley  Employees 
There  are  employed 
on  the  Brooklyn  Rapid 
Transit,  Interborough  and 
Metropolitan  transporta- 
tion lines  in  New  York, 
29,000  persons— the  B. 
R.T.,  10,000;  the  Inter- 
borough, 9,000,  and  the 
MetropoHtan,  10,000. 

The  Streets 

There  are  in  Greater 
New  York  about  3,000 
miles  of  paved  streets,  the 
mere  clearing  of  which 
requires  the  service  of 
2,900  persons  all  the  year 
'round.  New  York's 
streets,  placed  end  to  end, 
would  extend  across  this 
country  from  the  Atlantic  to  the  Pacific,  and  the  tracks 
of  car  lines  would  reach  almost  half  way.  To  remove 
the  snow  during  the  winter  just  past,  $4,200,000  were 
spent,  and  during  some  of  the  heaviest  falls  of  snow  as 
high  as  17,000  men  were  employed  each  day  until  the 
work  was  accomplished. 

Greater  New  York  has  the  longest  street  in  the 
world,  that  of  Broadway.    Its  length  is  about  20  miles. 

The  Speedway 

New  York  has  the  finest  speedway  in  the  world.  It 
is  on  the  lower  bank  of  the  Harlem  River,  north  of 
Washington  Bridge.  It  is  100  feet  wide  and  extends 
from  155th  to  208th  Streets,  2  /  -^  miles,  and  cost  $8,000,- 
000.  It  is  exclusively  for  driving  horses  in  light  harness. 
It  was  opened  July  1,  1898,  under  the  management  of 
the  New  York  Road  Drivers'  Association. 

Letter  Carriers 

Of  Uncle  Sam's  faithful  men  who   bring  to  our 

[Page  Thirty-five] 


THE  WALDORF-ASTORIA 

Fifth  Avenue,  33d  to  34th  Streets.  It 
is  16  stories,  214  feet  high.  Contains 
1,400    rooms    and    cost  $15,000,000 


THE  SPEEDWAY 

A  splendid  driveway  along  the  Harlem  River,  100  feet  wide,  2*2  miles  long 
Used  exclusively  for  driving  horses  in  light  harness 


homes  and  offices  both  good  and  bad  news  as  the  year 
rolls  around,  3,012  of  his  letter  carriers  are  employed 
in  this  city. 

Its  Millionaires 

Here's  the  home  of  the  millionaire.  Here's  where 
they  come  to  live  and  spend  their  money.  In  1885  New 
York  had  only  28  millionaires.  Now  it  has  more  than 
2.000.  Josiah  Strong  figures  in  his  book,  "Social  Prog- 
ress," that  the  wealth  of  our  city  is  increasing  at  the  rate 
of  $8,000,000  a  day.  To  show  that  two  or  three  of  the 
millionaires  have  spent  and  are  spending  their  money  in 
this  city,  we  need  but  cite  the  facts  that  Senator  William 
A.  Clark  ( United  States  Senator  from  Montana  and 
millionaire  copper-mine  owner )  has  built  at  Fifth  Avenue 
and  East  77th  Street,  the  most  costly  private  house  in 
America,  with  lofty  observation  tower  and  an  art  salon 
filled  with  treasures.  It  has  121  rooms  (without  count- 
ing 20  bathrooms)  a  Turkish  bath,  and  with  its  contents 
it  will  cost,  when  completed,  $15,000,000.  Charles  M. 
Schwab,  former  President  of  the  United  States  Steel 
Corporation,  has  built  a  $6,000,000  mansion  on  River- 
side Drive,  at  74th  Street.  Andrew  Carnegie's  Ameri- 
can home,  Fifth  Avenue,  91st  to  92d  Street,  cost 
$3,000,000 — a  birthday  gift  from  the  famous  ironmaster, 
founder  of  libraries  and  philanthropist,  to  his  only  daugh- 
ter, Margaret  Carnegie.  Henry  C.  Frick,  the  Pittsburg 
coke  and  steel  magnate,  has  bought  the  site  of  the  old 
Lenox  Library,  on  Fifth  Avenue,  paying  $3,000,000  for 

[Page  Thirty-six] 


SCHWAB  MANSION 

Built  anrl  owned  hv  the  former  president  of  the  United  States  Steel 
Corporation.     Cost  $6,000,000 


the  land  alone,  on  which  he  will  build  a  mansion.  John 
W.  Gates  has  just  leased  a  suite  of  rooms  in  the  Plaza 
Hotel  at  the  yearly  rental  of  $46,000 — the  highest  price 
ever  paid  in  any  hotel  in  the  world. 

Home  of  the  Heads 
of  Great  Corporations 

New  York  is  the  center  of  the  world's  greatest  cor- 
porations. The  Standard  Oil,  the  U.  S.  Steel,  the  rail- 
roads, coal  companies,  the  U.S.  Rubber,  Tin  Plate,  Plate 
Glass,  American  Tobacco  Company  and  hundreds  of 
others  representing  billions  upon  billions  of  capital  in- 
vested and  stocks  and  bonds  issued.  From  Beaver 
Street  North  to  Liberty  Street — one  block  deep,  running 
back  to  Broad  and  Nassau  Streets — a  covering  of  space 
of  about  200  X  1,000  feet,  ( less  than  3  acres  of  land) 
are  buildings  in  which  corporations  are  conducted  rep- 
resenting many  bilHons.  That  space  is,  perhaps,  the 
most  valuable  piece  of  real  estate  in  the  world. 

Vital  Statistics 

There  is  in  this  city  an  average  of  212  deaths 
and  270  births  a  day.  The  birth  rate  is  29.1  in  every 
thousand.  As  the  death  rate  is  17  in  every  thousand, 
we  have  a  net  gain  of  12.1  in  a  thousand  a  year.  During 
the  past  year  73,714  persons  in  the  Metropolis  died. 
There  were  in  the  same  period  90,000  babies  born.  In 
other  words,  one  person  died  every  seven  minutes  and 
one  was  born  every  four  minutes.    One-third  of  the  per- 

I  Page  Thirty-seven] 


THE  BROAD  STREET  CANYON 

Showing  curb  market  in  operation 


sons  who  died  were  under 
five  years  of  age,  and 
16,526  of  these  children 
did  not  survive  long  enough 
to  reach  the  age  of  one 
year.  On  the  other  hand, 
695  died  of  old  age.  Dur- 
ing the  year  there  were 
40,000  marriages  —  one 
solemnized  every  twelve 
minutes,  and  of  divorces 
there  were  1,100— one 
every  eight  hours  or  three 
a  day. 

Foreign-born 
Residents 

Just  about  one  out  of 
every  three  inhabitants  of 
New  York  City  is  foreign 
born.  Manhattan  alone  has 
789,342  residents  of  foreign  birth,  and  Brooklyn,  355,- 
697.  The  total  number  of  foreigners  domesticated  in 
the  Metropolis  is,  in  precise  figures,  1,297,080.  They 
alone  would  compose  a  city  as  big  as  Philadelphia,  four 
times  larger  than  San  Francisco,  or  more  than  twice  as 
big  as  Boston.  There  are  more  Irish  in  New  York  than 
there  are  in  Belfast,  Dublin  and  Cork — the  three  largest 
cities  in  Ireland;  more  Germans  than  in  Leipzig  and 
Frankfort-on-Main ;  more  Italians  than  in  Rome;  more 
Austrians  and  Hungarians  than  in  Trieste  and  Fiume; 
more  English  and  Scotch  than  in  Aberdeen  and  Oxford; 
more  Poles  than  in  Poltava,  Russia,  and  more  Greeks 
than  in  Athens.  One-sixth  of  the  population  of  Greater 
New  York,  one-fifth  of  Bronx  and  one-fourth  of  Man- 
hattan are  Jews,  a  number  greater  than  the  entire 
population  of  the  State  of  Maine.  It  has  been 
said,  and  no  doubt  truthfully,  that  three-fourths  of 
the  business  men  from  the  Battery  to  23d  Street, 
on  Broadway,  are  Jews.  One-eighth  of  the  total 
number  of  Chinese  in  the  United  States  are  in  New 
York  City. 

[Page  Thirty-eight] 


The 

Immigrants 

The  yearly  ar- 
rival of  immigrants 
to  this  new  world 
each  year  numbers 
about  1.000,000- 
250,000  of  whom 
stay  in  Greater  New 
York.  If  the  in- 
crease for  1907  is 
to  be  judged  by  the 
landing  of  these 
prospective  citizens 
during  the  first 
thirty-six  hours  of 
May,  1907.  the 
total  for  the  year 
will  be  over  1,250,- 
000.  20,0001anded 
on  May  1st  and  2d, 
breaking  all  previous  records.  Many  were  held  aboard 
ship  for  several  days  because  the  machinery  of  Ellis 
Island,  running  at  its  greatest  capacity,  will  allow  only 
5,000  persons  to  pass  through  its  hands  in  a  single  day. 

Bachelors,  Spinsters  and  Others 

There  are  in  New  York  at  the  present  time,  75,- 
680  more  bachelors  than  spinsters  of  twenty  years  and 
over.  In  the  population  of  the  city  there  are,  of  ages 
from  twenty  up,  357,986  single  men,  626,603  married 
men,  48,272  widowers  and  1.189  divorced  men.  Of 
women  of  like  age,  there  are  282,306  spmsters,  610,- 
321  wives,  147,386  widows  and  2,040  divorced.  The 
widows  and  widowers  alone  of  the  Metropolis,  would 
make  a  city  greater  than  Providence,  Rhode  Island. 

Lawyers,  Actors,  Artists,  etc. 

There  are  slightly  fewer  than  8,000  lawyers,  rather 
more  than  11,000  nurses  and  midwives,  (1,342  of  them 
men)  over  13,000  professional  peddlers,  4,733  actors, 
2,629  actresses,  about  4.000  artists  and  teachers  of  art, 

[Page  Thirty-nine] 


NEW  YORK  COTTON  EXCHANGE 

Building  cost  $1,000,000.     Membership  of  450 


VIADUCT  AT  155(h  STREET 

Extending  from  St.  Nicholas  Avenue  to  McComb's  Dam,  connecting 
Washington  Heights,  Harlem  River  and  the  Borough  of  the  Bronx 

approximately  10,000  musicians  and  teachers  of  music, 
4,400  candy  makers,  14,000  stenographers  and  type- 
writers and  1,572  undertakers. 

Barbers  and  Doctors 

To  shave  the  men  and  cut  and  care  for  the  hair  of 
both  sexes,  there  are  12,022  barbers  and  hairdressers 
of  male  persuasion  and  852  female  tonsorial  artists.  It 
is  no  small  task  to  attend  to  the  health  of  so  huge  a  com- 
munity, and  this  business  keeps  busy  nearly  6,700  doc- 
tors, 510  of  whom  wear  petticoats. 

Salesmen,  Office  Boys  and  Others 

New  York,  of  course,  is  a  big  shop,  and  to  dispose 
of  the  wares  it  has  to  sell,  45,730  salesmen  and  22,705 
saleswomen  are  required.  There  are  13,451  errand 
and  office  boys  and  nearly  2,000  girls  are  employed  in 
similar  capacities.  More  than  10,000  persons  are  en- 
gaged in  agricultural  pursuits,  (including  gardeners  and 
florists)  and  it  is  odd  to  learn  that  the  much  mixed  pop- 
ulation of  the  city  included  1,903  farmers  and  116 
lumbermen. 

Feminine  Employments 

In  this  classification  of  occupations  most  interest 
naturally  attaches  to  curious  and  out-of-the-way  feminine 
employments.  There  are  in  New  York,  for  example, 
73  women  clergymen,  78  women  dentists,  3  women 
street-car  conductors,  48  women  carpenters,  16  women 
keepers  of  livery  stables,  37  women  masons  in  brick  and 
stone,  5  women  paper  hangers,  45  women  plumbers, 

[Page  Forty] 


SCENE  ON  HUDSON  RIVER 

At  155th  Street.     Boating  and  bathing  enjoyed  here 
Many  boat  clubs  have  their  headquarters  along  this  water-front 

16  women  blacksmiths  and  251  women  painters  and 
glaziers.  Women,  in  this  age  of  intense  industrial  activity 
are  invading,  on  an  extensive  scale,  handicrafts  hitherto 
regarded  as  belonging  to  the  male  sex.  Nevertheless, 
though  this  fact  has  become  in  a  general  way  familiar,  it 
seems  surprising  to  discover  that  there  are  at  present 
in  New  York,  4  women  fishermen  and  oystermen,  97 
women  officials  of  banks  and  corporations,  67  women 
bankers  and  brokers,  78  women  lawyers,  66  women 
electricians  and  30  women  boatmen. 

**One  Day's  Trouble" 

What  might  be  called  "one  day  of  trouble  in  New 
York"  is  represented  by  a  few  figures  recently  obtained 
by  a  person  curious  about  such  matters,  who,  taking  a 
chance  of  twenty-four  hours  of  life  in  the  Metropolis,  dis- 
covered that  in  that  length  of  time  there  were  26  fires, 
35  serious  accidents,  5  persons  found  dead,  2  attempted 
suicide  and  392  individuals  were  arrested  for  various 
offences  more  or  less  important.  It  is  more  interesting, 
however,  to  review  such  occurrences  by  the  year.  Care- 
ful inquiry  has  elicited  the  fact  that  on  every  day  of  the 
twelvemonth,  taking  an  average,  10  fatal  accidents  are 
reported  to  the  police  in  the  Metropolis.  2  persons  com- 
mit suicide  every  day  and  1  man  or  woman  is  murdered 
every  three  days.  In  Greater  New  York  12  human 
beings  meet  violent  deaths  in  one  form  or  another  every 
day  of  the  year.  During  the  year,  the  total  number  of 
violent  deaths  was  4,425,  out  of  which  number  162  were 

[Page  Forty-one] 


homicides,  648  suicides 
and  3,462  accidental. 


ST.  PAUL'S  CHAPEL 


It  is  overtopped  by  office  buildings.  Is 
the  oldest  church  building  in  New  York 
Gen.  Washington  worshipped  here 


Sad  to  Relate 

Out  of  every  ten 
persons  who  die  in  New 
York  City  one  is  buried 
in  the  Potter's  Field — 
the  last  resting  place  of 
those  who  have  no  friends 
or  money  to  bury  them 
The  expenses  of  all  such 
burials  are  paid  by  the 
city.  Out  of  every  nine 
families  one  is  evicted  or 
served  with  dispossess 
notice  for  non-payment 
of  rent. 

Summer 
Excursions 

New  York  is  the 
greatest  center  from 
which  to  start  on  summer  excursions.  The  Atlantic 
Ocean,  Long  Island  Sound  and  Hud  son  River  for  the 
steamers,  and  railroads  leading  to  every  point  of  the  com- 
pass. The  "special"  rates  on  railroads  and  steamers  are 
proportionately  cheaper  from  this  point  than  any  other 
in  the  country. 

Greatest  of  Summer  Resorts 

New  York  City  is  the  greatest  summer  resort  in 
the  world.  It  is  crowded  during  the  hot  weather  by  va- 
cationists and  visitors  from  all  ova  *  the  country  and  the 
world.  The  hotels  and  boarding  houses  are  over-crowded 
and  at  times  it  is  almost  impossible  to  get  accommodations. 

Greatest  Seaside  Resort 

Coney  Island,  whose  character  has  very  creditably 
changed  in  the  last  few  years,  is  unquestionably  visited 
by  more  people  than  any  other  resort  in  the  world.  It 
is  not  unusual  for  500,000  to  go  there  in  one  day. 
Millions  of  dollars  have  been  invested  and  are  being 

[Page  Forty-two] 


spent  there  for  further  im- 
provements. During  the  hot 
weather  it  is  quite  frequent 
that  from  40,000  to  50,000 
people  sleep  all  night  on  the 
beaches.  Coney  Island  also 
has  the  largest  hotel.  It  con- 
tarns  1.000  rooms.  There  are 
also  Midland  and  South 
Beaches,  and  Long  Beach, 
drawing  enormous  crowds. 

What  Do 

You  Think  of  This  ? 

No.  1  Wall  Street,  at  the 
corner  of  Broadway,  is  assess- 
ed by  the  City  at  $4  per  sq.inch. 

New  York  City 
Prison 

The  most  modern  jail  in 
the  world  is  that  of  the  City 
Prison,  which  has  been  erec- 
ted at  a  cost  of  $1,000,000 
on  the  site  of  the  old  Tombs,  a  damp  and  gruesome 
structure  of  Egyptian  architecture.  It  is  connected  on 
the  north  with  the  Criminal  Courts  between  which  is  the 
much-heard-of  "Bridge  of  Sighs." 

Largest  Bank  in  the  World 

The  National  City  Bank,  at  52  Wall  Street,  is  the 
greatest  financial  institution  excepting  the  Bank  of  Eng- 
land and  the  Banque  de  France,  both  of  which  are  Gov- 
ernment banks.  It  was  founded  in  1812  on  the  present  site. 
It  has  purchased  the  Custom  House  for  $3,000,000  and 
will  remodel  that  historic  structure  and  occupy  it  when 
the  Collector  of  Port  moves  to  the  new  building  on  Bowl- 
ing Green.  Since  James  Stillman,  brother-in-law  of  Wm. 
G.  Rockefeller — brother  of  John  D. — became  president 
o(  the  bank  in  1891  its  business  has  grown  enormously, 
revolutionizing  banking  conditions.  Its  capital  and  sur- 
plus are  $42,480,726;  deposits,  $255,468,356;  assets, 
$317,436,471.    It  is  known  as  the  Rockefeller  Bank. 

[Page  Forty-three] 


No.  1  WALL  STREET 

Cor.  Broadway.  Famous  as  the 
highest  priced  property,  per  foot, 
in  the  United  States.  The  land 
recently  sold  for  $700  per  sq.  foot 


HELL  GATE  BRIDGE  OVER  EAST  RIVER 

Planned  for  the  Pennsylvania  Railroad 


The  City's  Sight-Seeing  Conveniences 

The  thousands  of  daily  visitors  to  New  York  are 
afforded  an  opportunity  for  seeing  this  great  city  in  a  way 
found  nowhere  else  on  the  globe.  There  are  companies 
who  run  automobiles  to  all  the  interesting  parts  of  the 
city.  There  are  yachts  that  are  run  around  the  North 
and  East  Rivers  and  harbor,  passing  through  the  bay 
to  the  ocean  and  return.  There  are  autos  and  guides  to 
take  guests  through  Chinatown  and  other  points  of 
extreme  interest  at  night. 

PubHc  and  Private  Baths 

New  York,  like  Japan,  believes  in  personal  cleanli- 
ness, as  is  evidenced  by  the  numerous  public  and  private 
baths  throughout  the  city.  The  municipal  government 
maintains  many  stationary  and  floating  free  baths  for  the 
poor  along  its  water  front.  These  baths  are  a  great  boon 
to  the  poor,  who,  in  the  summer  time,  crowd  them  daily 
to  their  utmost  capacity.   Each  year  new  ones  are  added. 

Largest  and  Heaviest  Bridge 
in  the  World 

The  steel  viaduct  and  bridge  that  will  connect  the 
Long  Island  and  Pennsylvania  lines  at  the  Long  Island 
City  terminus  of  the  tunnel  with  the  New  York,  New 
Haven  &  Hartford  tracks  in  the  Bronx  will  be  the 
largest  and  heaviest  bridge  in  the  world.  The  plans 
were  filed  with  the  Municipal  Art  Commission  for  their 
adoption  before  the  actual  work  will  begin.  They  con- 
template the  erection  of  a  structure  to  carry  four  tracks 
140  feet  above  high  water  at  Hell  Gate,  and  to  cross  in 
a  sweepmg  curve,  Hell  Gate,  Ward's  Island,  Little  Hell 
Gate,  Randall's  Island  and  the  Bronx  Kills.    80,000  tons 

[Page  Forty-four] 


of  steel  will  be  used  in 
its  construction.  The 
railroad  tracks  will  be 
imbedded  in  stone  bal- 
last so  as  to  render 
the  structure  noiseless. 

Its  Passenger 
Stations 

When  completed 
(and  both  are  build- 
ing) New  York  will 
have  two  of  the  largest 
and  most  beautiful 
passenger  stations  in 
the  world — the  New 
York  Central  and  the 
Pennsylvania.  When 
completed  and  tunnel 
connections  are  made, 
steam  for  transpor- 
tation purposes  will  be 
entirely  abolished  in  New  York  City. 

Voters  and  Representatives 

New  York  City  has  a  larger  number  of  voters 
than  any  other  city  and  also  has  a  larger  represen- 
tation in  the  halls  of  Congress  at  Washington. 

The  Center  for  Merchandise 

New  York  is  the  country's  center  for  merchandise 
of  every  character.  There  is  not  a  department 
store  of  any  size  in  the  United  States  and  Canada 
that  does  not  send  its  buyers  to  this  market  at  least 
once  a  year.  Many  of  them  have  salesrooms  and 
branches  here. 

Interborough  Power  Plant 

At  59th  Street  and  North  River  is  situated  the 
largest  electric  power  house  in  this  or  any  other  country. 
It  has  a  voltage  of  11,000  volts  which  is  distributed 

[Page  Fort\-five] 


HELL  GATE  BRIDGE 

Over  East  River.  Showing  the  stone  towers 
dividing  the  arch  bridge  proper  from  the  steel 
viaducts  that  form  the  approaches  to  it 


to  sub-stations  and  run 
through  transformers  and 
goes  out  over  the  system 
at  a  voltage  of  about  600. 
This  enormous  power 
drives  cars  over  the  Inter- 
borough  and  Metropolitan 
lines,  which  include  the 
subway,  "L"  and  surface 
trains,  the  passenger  re- 
ceipts from  which  were 
$500,000,000  last  year. 

Proposed  Municipal 
Office  Building 

The  ill  ustrartion  on 
page  two  is  a  design  for 
a  45-story  -  650  feet 
high,  municipal  office 
building  and  railway  ter- 
minal near  the  City  Hall- 
Brooklyn  Bridge  approach. 
It  was  planned  by  former 
Bridge  Commissioner  Gustav  Lindenthal  and  Architects 
Henry  F.  Hornbostel  and  George  B.  Post.  Besides 
furnishing  400,000  square  feet  of  office  room  for  the 
city  departments,  the  structure  would  have  at  its  base  a 
five-decked  railroad  station,  with  the  subway  in  the  base- 
ment. Metropolitan  surface  cars  on  the  street  level,  ten 
loops  for  Brooklyn  surface  cars  on  the  second  story, 
Manhattan  "L"  station  third  story,  and  Brooklyn  '  L" 
station  on  fourth  story.  Estimated  cost,  $10,000,000. 
It  is,  as  yet,  merely  an  idea. 

Daily  Use  of  Water 

There  is  an  average  daily  use  of  water  in  Greater 
New  York  of  475,190,000  gallons.  To  fully  realize 
what  such  a  vast  quantity  represents,  you  would  have  to 
learn  that  if  it  were  run  into  those  large  oil-tank  cars  we 
see  on  many  of  the  railroads,  each  of  which  has  a  capacity 
of  about  6,000  gallons,  it  would  require  80,000  cars 
each  day  to  carry  it.    The  cars  if  placed  end  to  end 

[Page  Forty-six] 


OLD  CUSTOM  HOUSE 

200  X  160  feet.  Built  for  Merchants' 
Exchange,  1841;  Custom  House, 1862. 
Purchased  by  City  National  Bank  for 
its  offices 


would  reach  a  distance 
of  409  miles — further  by 
29  miles  than  from  New 
York  to  Rochester.  Again, 
if  this  almost  unbelieve- 
able  volume  of  water 
were  put  into  a  stand 
pipe,  10  feet  in  diameter, 
the  pipe  would  have  to  be 
183.8  miles  high  to  hold 
this  daily  supply.  If  the 
stand  pipe  were  laid  hor- 
izontally, it  would  reach 
from  New  York  to  be- 
yond Troy. 

Finest 

Municipal  Ferry 
Transportation 

Two   of   Greater    TITLE  GUARANTEE  &  TRUST  CO. 

NV     1  '       L  One  of  the  most  beautiful  bank  buildings 

eW      I  OrK  S    DOrOUgnS,     j„  ^^e  world.     Used  exclusively  for  its 

Manhattan  and  Rich-  SKooo''l5it  ^"'$^0:2^000 
mond,  Staten  Island,  are 

connected  by  the  finest  ferry  system  owned  by  a  city  in 
this  country  New  York  City  has  already  spent  nearly 
$5,000,000  for  these  ferries.  The  Ferry  Commissioner 
says  the  Staten  Island  Ferry  is  the  best  in  the  world.  Each 
one  of  the  new  boats — and  there  are  five  of  them — cost 
$350,000.  Each  is  named  after  one  of  the  five  boroughs 
— Manh  attan,  Brooklyn,  Bronx,  Queens  and  Richmond. 
The  new  ferry  terminal  and  borough  buildings  at  St. 
George,  Staten  Island,  cost  $1,500,000. 

Within  a  Short  Radius  of  New  York 

Inside  a  circle  that  could  be  circumscribed  by  a  12- 
inch  gun  on  one  of  Uncle  Sam's  battleships,  if  the  ship 
lay  anchored  in  the  Hudson  River,  opposite  the  Custom 
House,  lie  the  greatest  and  largest  manufacturing  plants 
in  the  world.  Within  that  area  are  the  greatest  sewing 
machine  factory,  the  largest  thread  works,  silk  mills,  car- 
pet manufacturers,  sugar  refineries,  starch  factories, 
builders  of  boats  and  yachts,  largest  of  tanneries  of  sole, 

[Page  Forty-seven] 


GRAND  CENTRAL  STATION 

Now  being  erected,  covering  19  city  blocks.     47  tracks  on  level  below 
street;  15  suburban  tracks.     Larger  train  capacity  than  any  station 
in  the  world.    Main  entrance,  three  arches,  each  33  feet  wide 

calf  and  patent  leathers,  hardware  producers,  varnish 
and  paint  manufacturers,  trunk,  hat,  millinery  and  wom- 
en's garment,  gold  and  silver  works,  piano  makers  and 
immense  iron,  bridge  and  shipbuilding  industries.  There 
are  also  the  largest  lead  pencil  manufactories  as  well  as 
plants  making  rubber  clothing,  etc.  These  are  all  ex- 
clusive of  the  48,000  manufacturing  plants  within  Greater 
New  York.  The  largest  basin,  Erie,  is  also  within  this  circle. 

Bouquet  Money 

New  York  is  credited  with  spending  $4,000,000 
a  year  for  buds  and  blossoms.  The  floral  item  in  the 
annual  budget  of  the  whole  country  calls  for  $100,000,- 
000.  This  sum  is  almost  twice  the  aggregate  bonded 
debt  of  the  New  England  States.  What  New  York  pays 
for  flowers  is  approximately  $11,000  per  day. 

Largest  Playground  in  This 
or  Any  Other  Country 

New  York  City  has  the  largest  playground  in  the 
world.  This  is  the  Parade  Ground,  just  outside  of  Pros- 
pect Park,  Brooklyn.  Nearly  four  times  the  size  of  the 
gigantic  Stadium  at  Athens,  which  is  famous  as  the 
athletic  field  of  the  Greeks,  the  Parade  Ground  exceeds 
in  size  any  playground  in  Europe.  It  comprises  exactly 
forty  acres  of  smooth,  well-kept  turf.  Nowhere  in  New 
York,  which  has  scores  of  playgrounds  greater  in  size 
than  those  of  any  other  city  in  America,  is  there  one 
field  to  compare  with  this.  Even  the  beautiful  green 
lawn  of  Central  Park,  where  thousands  of  Manhattan's 

[Page  Forty-eight] 


THE  PENNSYLVANIA  R.  R.  TERMINAL  STATION 


children  congregate  daily,  is  but  one-half  its  size,  con- 
taining twenty  acres. 

New  Bellevue  Hospital  to  be  Largest 
and  Finest  of  Kind  on  Earth 

Old  Bellevue  Hospital,  its  buildings  overcrowded, 
out  of  date  and  almost  dilapidated,  is  about  to  give  place 
to  one  of  the  largest  and  most  magnificent  hospitals  in 
the  world.  The  $8,500,000  to  be  expended  upon  it 
will  be  spent  for  the  poor,  for  Bellevue  is  theirs.  In 
reality  it  is  a  gigantic  charity  of  the  kind  that  doesn't 
pauperize — for  the  man  who  is  "down  and  out,"  who 
must  be  helped  but  can't  help  himself.  No  place  in  New 
York  or  any  other  city  sees  more  of  humanity  as  it  is, 
more  pathos,  more  tragedy,  than  Bellevue  Hospital.  A 
street  car  runs  over  a  child;  the  first  man  that  hears  a 
shriek  runs  to  "ring  up  Bellevue."  An  old  woman  in  a 
tenement  contracts  the  dreaded  "white  plague;"  she  hob- 
bles to  Bellevue.  A  millionaire  may  want  a  "dizzy 
brother  put  in  a  safe  place;"  he  carries  him  first  to  the 
psychopathic  ward  of  Bellevue.  So  it  goes.  The  old 
buildings  at  First  Avenue  and  Twenty-sixth  Street  take 
them  in  and  send  them  out.  There  is  no  end  to  the 
work — it  grows.  The  new  hospital  is  to  cost  $8,500,- 
000  and  will  be  as  near  fireproof  as  possible. 

Greater  New  York  Parks 

In  Greater  New  York  there  are  something  over  one 
hundred  and  sixty  improved  and  unimproved  parks,  ag- 
gregating more  than  seven  thousand  acres.  These  are 
distributed  throughout  the  various  boroughs  so  that  there 

[Page  Forty-nine] 


is  scarcely  any 
portion  of  the 
city  to  which 
some  of  these 
open spaces  are 
not  accessible. 
The  park  sys- 
tem of  this  great 
city  is  the 
largest  in  the 
world.  Each 
of  the  smaller 
"square  parks" 
as  they  are 
sometimes 
called,  has  par- 
ticular attrac- 
tions for  a  dif- 
ferent class  of 
loiterers.  More 
beggars  make 
Madison  Sq. 

Park  their  headquarters  than  any  other  park  in  the  world. 
From  there  they  can  readily  reach  the  large  shopping 
districts  and  the  residence  section. 


CITY  INVESTING  COMPANY'S  BUILDING 

Broadway,  Cortlandt  and  Church  Streets 
Height,  486  feet.     Cost  $5,500,000 


Greatest  of  All  Its  Wonders 

Wonderful,  yes,  even  marvelous,  as  are  the  facts 
reviewed  on  the  preceding  pages,  yet  the  greatest  statis- 
tics relative  to  New  York  are  those  of  its  real  estate 
values.  Today,  New  York  has  a  greater  population  than 
Paris,  which  was  founded  before  the  Christian  era, 
and  is  the  largest  city  in  the  world  with  the  single  ex- 
ception of  London,  which  has  required  nearly  2,000 
years  to  attain  its  present  growth.  In  many  respects 
New  York  has  distanced  London,  and  her  recent  ratio  of 
growth  indicates  that  at  an  early  day  she  will  easily 
rank  first  as  the  world's  Metropolis  in  population, 
wealth  and  beauty.  Seated  upon  the  three  great  islands 
by  the  sea,  her  feet  washed  by  two  magnificent  rivers, 
she  is  incomparable. 

[Page  Fifty] 


SUB-TREASURY 

Former  site  of  New  York  City  Hal!,  where  the  Federal  Congress  met  and 
George  Washington  was  inaugurated  the  first  president  of  the  United  States 


Its  Talent  Nowhere  Equalled 

In  her  wonderful  cosmopolitanism,  New  York  stands 
absolutely  unique,  and  this  has  been  her  characteristic 
from  the  first.  The  remarkable  talent  of  the  New  Yorkers 
of  our  day,  for  instance,  for  real  estate  dealings,  is  nowhere 
to  be  matched,  neither  can  any  other  city  of  the  world 
hope  to  equal  her  marvelous  growth  and  development  in 
wealth  and  culture.  New  York  is  great,  magnificent, 
still  growing  and  is  destined  to  outshine  the  world. 

Number  of  Owners  Decreasing 

The  land  on  which  the  city  stands,  originally  owned 
by  a  few,  was  divided  and  sub-divided  until  its  owners 
numbered  119,000.  But  the  tide  has  turned,  and  today 
the  number  of  owners  is  steadily  decreasing  and  is  des- 
tined to  continue  decreasing  with  accelerated  rapidity, 
since  the  possession  of  land  in  New  York  City  is  more 
surely  a  source  of  wealth  than  any  gold  mine.  Personify 
gold  as  "wealth"  and  New  York  real  estate  may  be 
rightly  held  the  richest  gold  mine  of  them  all. 

Requires  the  Millionaire 

No  individual,  unless  a  millionaire  or  close  to  that 
class,  can  longer  hope  to  acquire  personal  holdings  of  New 

[Page  Fifty-one] 


MUSEUM  OF  NATURAL  HISTORY 

Columbus  Avenue  and  77th  Street 


York  real  estate.  It  is  fast  going  into  the  hands  of  corpora- 
tions, both  sacred  and  secular.  Realty  companies  are  the 
order  of  the  day.  The  keynote  to  New  York's  enormous 
wealth  in  realty  lies  in  the  tact  that  her  real  estate  has 
been  limited  by  nature. 

Five-fold  Increase 

From  1850  to  1900  the  population  of  New  York 
rose  from  700,000  to  over  3,500,000 — an  increase  five- 
fold. During  the  same  period  real  estate  values  rose  from 
$500,000,000  to  $5,000,000,000— an  increase  ten-fold. 

Doubled  Every  Twenty  Years 

During  the  past  one  hundred  years  the  population 
of  New  York  has  doubled  every  twenty  years,  and 
realty  values  have  advanced  twice  as  rapidly  as  the 
population. 

Billion  More  Than  National  Debt 

The  assessed  value  of  New  York  real  estate  in 
1 1  1906  was  over  $5,750,000,000,  greater  by  over  $500,- 
000,000  than  the  combined  real  estate  assessments  of 
Chicago,  Boston,  Philadelphia,  St.  Louis,  San  Francisco, 
Pittsburg  and  Baltimore ;  more  by  a  whole  billion  than 
enough  to  pay  the  National  debt  twice  over. 

Fabulous  Advance 

During  the  past  fifteen  years,  from  1885  to  1900, 

[Page  Fifty-two] 


PROSPECT  PARK  (BROOKLYN)  ENTRANCE 


the  advance  in  the  value  of  land  in  New  York  City  was 
nearly  equal  to  the  total  advance  during  the  two  hundred 
and  seventy-five  years  preceding. 

Rate  of  Increase 

From  1870  to  1880  the  rate  of  increase  was  22  per 
cent;  1880  to  1890  the  rate  of  increase  was  52  per  cent; 
1890  to  1900  the  rate  of  increase  was  65  per  cent. 

Will  Use  Up  Vacant  Land 

At  the  present  rate  of  increase  the  city's  population 
will  reach  over  8,000,000  within  twenty  years,  using  up 
all  the  vacant  land,  and  carrying  the  value  of  the  city's 
realty  to  the  enormous  sum  of  $15,000,000,000. 

Immensity  of  New  York  Land  Values 

The  ten  years*  net  increase  of  land  values  in  New 
York  City  from  1890  to  1900  was  $1,173,732,306. 
The  combined  output  of  all  the  gold  and  silver  mines 
of  the  United  States  for  the  same  period  was  $1,000,- 
997,140,  or  $172,735,166  less  than  the  net  increase 
of  the  city's  land.  The  total  income  from  dividends  on 
all  the  railroad  stocks  of  the  United  States  for  the  same 
period  was  $895,176,104,  or  $278,556,202  less  than 
the  net  increase  of  the  city's  land.  Total  combined  capital 
and  surplus  of  all  the  National  banks  in  the  country 
is  $880,314,  384.  or  $293,417,922  less  than  the  value 
of  the  city's  land. 

Exceeds  by  a  Billion 

It  exceeds  by  nearly  a  billion  dollars  the  present  com- 

[Page  Fifty-three] 


bined  capital  of  all  the 
banks  and  trust  com- 
panies in  the  country. 
New  York  real  estate 
values  are  fixed  by  the 
law  of  supply  and  de- 
mand. With  the  popu- 
lation doubling  every 
twenty  years,  can  there 
be  a  limit  to  the  demand? 
Not  one  failure  has  ever 
occurred  in  the  owner- 
ship of  New  York  real 
estate  in  the  Hne  of,  near 
by  and  based  upon  the 
growth  of  the  city. 

Continued  Growth 
The  continued 
growth  of  New  York  City 
is  as  irresistible  as  ocean 
tides,  as  certain  as  day  following  night.  The  population  will 
exceed  London  by  1915,  and  double  in  twenty-five  years. 

Matters  of  Public  Record 

The  above  are  all  facts  of  public  record  and  can  be 
verified  by  reference  to  national  and  municipal  statistics. 
They  show  clearly  why  success  in  the  ownership  of  New 
York  real  estate  is  not  exceptional  and  why  it  is  a  favored 
mvestment  field  of  the  largest  capitalists  and  shrewdest 
financiers  the  country  over,  and  even  in  Europe. 

Never  Lose  Her  Harbor 

The  great  city  is  what  it  is  by  virtue  of  that  which  she 
can  never  lose — her  harbor.  As  long  as  there  is  com- 
merce, New  York  must  grow  and  outgrow  its  artificial  geo- 
graphical boundaries,  for  no  city  in  the  world  is  the  natural 
gateway  to  such  vast  possibilities  as  this  Metropolis. 

Growth  20  Times  Greater 
Than  United  States 

Beyond  the  Harlem  River  in  the  Borough  of  the 

[Page  Fifty-four] 


BLACKWELL'S  ISLAND  BRIDGE 

Being   built  across  the  East  River.     A  cantilever  structure,  resting  on  six 
masonry  piers.     To  cost,  approaches  and  all,  $20,000,000 

Bronx  and  the  adjoining  suburban  sections  tributary  to 
New  York  are  now  more  than  half  a  million  people. 
During  the  last  twenty  years,  1885  to  1905,  the  popu- 
lation of  the  Bronx  has  increased  trom  58,000  to  325,- 
000  persons,  and  its  real  estate  values  from  $28,000,- 
000  to  $273,000,000.  This  growth  is  twenty  times 
greater  than  that  of  the  United  States  as  a  whole — mar- 
velous as  that  growth  has  been. 

Greater  Developments 

Now  that  rapid  transit  has  penetrated  this  section, 
it  will  develop  still  more  rapidly.  The  increase  in  the 
population  of  the  Bronx  during  the  last  census  decade 
was  over  127  per  cent,  a  larger  rate  than  shown  by  any 
city  in  the  United  States,  The  inevitable  greater  in- 
crease in  real  estate  values  that  is  bound  to  follow  will 
make  fortunes  for  those  who  wisely  take  advantage  of 
the  present  situation.  What  the  Elevated  has  done  for 
Harlem,  the  subways,  tunnels  and  bridges  are  doing  for 
other  sections,  but  on  a  much  larger  scale. 

Boroughs  of  Brooklyn  and  Queens 

Heretofore  the  principal  exodus  from  the  city  has 
been  toward  the  north.  The  direction  of  the  greater 
exodus,  which  is  bound  to  come  within  the  next  few 
years,  may  not,  however,  be  to  the  northward.  The 
direction  of  the  city's  future  great  expansion  will  be  in 
the  hne  of  the  least  resistance,  and  that  Hne  will  depend 
almost  entirely  upon  the  improved  transportation  facilities. 

The  Boroughs  of  Brooklyn  and  Queens  and  all  of 
suburban  Long  Island  will,  within  a  few  years,  enjoy 
advantages  far  superior  to  those  of  the  Bronx  and  its 

[Page  Fifty-five] 


ONE  OF  GREATER  NEW  YORK'S  EIGHT  RECREATION  PIERS 

Provided  by  the  city,  adjacent  to  the  congested  tenement  districts 
for  mothers  and  children  to  enjoy  the  refreshing  river  breezes 

northern  and  eastern  suburbs.  The  completion  of  the 
tunnels  to  Long  Island  will  have  almost  a  revolutionary 
effect  upon  suburban  Long  Island.  Its  effect  upon  values  of 
real  estate  will  be  almost  incalculable.  Long  Island  will  then 
enter  upon  an  era  of  improvement  appreciated  at  the  pres- 
ent time  only  by  those  who  have  an  eye  to  the  future. 

In  the  matter  of  removing  the  river  barriers  it  will 
be  seen  that  the  municipal  authorities  have  looked  not  to 
the  present,  but  to  the  future.  If  the  present  rate  of  growth 
continues,  to  occupy  a  private  house  on  Manhattan  Island 
will  be  a  remarkable  distinction.  The  masses  of  the  people 
are  gradually  being  driven  to  the  suburban  districts,  where 
modest  incomes  can  (ind  suitable  homes.  Peering 
through  the  haze  of  the  future,  one  perceives  with  un- 
compromising clearness  the  vision  of  a  magnificent  city 
on  Long  Island  whose  startling,  rapid  growth  within  a 
few  years  will  overshadow  Manhattan  and  carry  with  it 
the  centre  population  of  Greater  New  York. 

This  Is  What  We  Invest  In 

On  this  class  of  real  estate  the  Preferred  Stock 
of  the  Monaton  Realty  Investing  Corporation  is  based 
— New  York  City  income  realty.  It  is  a  better  investment 
thanGovernment  bonds — more  profitable  and  fully  as  safe. 

we  beheve  them  to  be  accu- 
rate; however  we  cannot  ab- 
sohitely  guarantee  the  state- 
ments made  herein. 

Printed  by  Walcutt  Brothers  Co.,  N.Y.,  Printers  for  the  Monaton  Press 

[Page  Fifty-six] 


Editor'' s  Note — The  figures 
that  appear  in  this  booklet 
have  been  carefully  compiled 
from  reliable  authorities  and 


As  Great 

as  May  Seem  the  Facts 

enumerated  on  the  preceding  pages  of  this  booklet,  the 

greatest  of  all  within  the  cover  are  those  of  the  history  of 

THE  McGORMACK 
REAL  ESTATE  COMPANY 

€L  This  Company  became  a  corporate  body  January 
1,  1906.  The  principals  are  Edward  J.  McCormack, 
President,  and  D.  Maujer  McLaughlin,  Vice-President 
and  General  Manager.  Its  original  incorporation  was 
for  a  full  paid  capital  of  $50,000.  It  has  since  been 
increased  to  $500,000  full  paid  capital.  During  its 
short  existence  it  has  incorporated  many  successful 
companies  for  development. 

C  The  McCormack  Real  Estate  Company  has  a  most 
enviable  reputation,  and  its  success  in  real  estate 
operations,  both  wholesale  and  retail,  has  been  not 
only  phenomenal  but  it  is  unprecedented. 
CL  Only  recently  it  incorporated  the  McCormack  War- 
ranty Company  with  a  full  paid-in  capital  of  $100,000, 
and  has  just  launched  a  $1,000,000  corporation  known 
as  the  Monaton  Realty  Investing  Corporation,  with 
full  paid-in  capital.  Each  of  these  was  incorporated 
under  the  laws  of  the  state  of  New  York. 

The  Monaton  Realty  Investing  Corporation  invests 
exclusively  in  New  York  City  income  property.  Its 
Preferred  Stock  is  sold  at  the  par  value  of  $100  per 
share,  and  the  five  per  cent  interest  is  guaranteed  by  the 
McCormack  Warranty  Company,  The  McCormack 
Real  Estate  Company  acting  as  Exclusive  Fiscal  Agent, 
d  Never  before  in  the  history  of  New  York  City  real 
estate  operations  have  such  wonderful  achievements 
been  known.  The  McC  ormack  Real  Estate  Company 
has  developed  within  the  last  sixteen  months,  St. 
Albans  and  Rosedale  Terrace,  in  the  Borough  of 
Queens,  and  Valley  Stream,  just  over  the  city  line  in 
Nassau  County,  and  on  June  1st  opened  Floral  Park 
Villa,  also  in  Nassau  County,  Long  Island.  In  its  whole- 
sale and  retail  transactions,  the  Company  has  handled 
over  $8,000,000  of  realty— an  average  of  $750,000  a 
month,  and  its  present  holdings  are  over  $3,000,000. 


The  McCormack  Real  Estate  Company 

■  Exclusive  Fiscal  Agent  — — ^— — — — 

MONATON  REALTY  INVESTING  CORPORATION 
Times  Building,   Broadway  and  42d  Street,  New  York 


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i^OITAKOSHODO^i  =  rr  TAT y:oT a V^Ol/ 


SEYMOUR  DURST 


'When  you  leave,  please  leave  this  hook 

Because  it  has  heen  said 
"Ever  thing  comes  t'  him  who  waits 

Except  a  loaned  hook." 


Avery  Architectural  and  Fine  Arts  Library 
Gift  of  Seymour  B.  Durst  Old  York  Library 


